by Roger Bryenton, P. Eng.(former), MBA, Energy Systems Consultant; Erik Andersen, Economist; Peter Boulton;
& Bill Schram.
The Minister of Energy Mines and Petroleum Resources, Michelle Mungall, recently admitted that BC Hydro is in a “Financial Mess”. With deferred debt and multiple regulatory accounts, contractual obligations for electricity from independent suppliers now reaching $50 Billion or more, would a prudent solution be to incur another $12 Billion for an unnecessary project? “NO”!!!