This is a guest post by Ray Eagle.
Many British Columbians may not realize that the $9 billion Site C dam, currently under construction on the Peace River, has a 46-year back-story.
B.C. Hydro began engineering studies for Site C back in 1971. In the early 1980s B.C. Hydro went before the newly formed British Columbia Utilities Commission (BCUC), created “to ensure that ratepayers receive safe, reliable, and nondiscriminatory energy services at fair rates from the utilities it regulates, and that shareholders of those utilities are afforded a reasonable opportunity to earn a fair return on their invested capital.”
In November 1983, the BCUC issued a 315-page summary that stated the dam was not needed at that time, while at the same time criticizing B.C. Hydro’s forecasting ability.
“The Commission examined the methodology of Hydro's forecasting … and concluded that, while significant improvements have been made, further improvements can and should be made to improve reliability,” the report read.