How much will BC rely on incoming LNG and locally produced natural gas to fuel future generation capacity

The British Columbia Utilities Commission (BCUC) works with public utilities to determine where resource additions are needed in order to ensure safe, reliable and convenient service to utility customers. All public utilities in the province are required to file resource plans in order to enhance the effectiveness of the BCUC and to protect ratepayers from poor utility expenditure decisions. The BCUC also ensures that utilities have adequate supply to meet demand. This paper outlined energy policy actions plans for the province of British Columbia. The BCUC will regulate BC hydro rates and will review the Vancouver Island Generation Project (VIGP) to determine if it is the most cost-effective means to reliably meet power needs on the island. Electricity distributors will acquire new supply on a least-cost basis, with regulatory oversight by BCUC. The role of the private sector in developing new electricity generation was also discussed, along with alternative energy development opportunities, such as the potential liquefied natural gas (LNG) import project by Galveston at Kitimat and WestPac Terminals' project at Prince Rupert