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    market news

    British Columbia Approves Site C Dam

    Teresa Matich
    Dec. 16, 2014 04:15PM PST
    Resource Investing

    The government of British Columbia has approved the Site C Clean Energy Project on the Peace River. Premier Christy Clark said the project would provide the province with reliable, clean power for the next century.

    The government of British Columbia has approved the Site C Clean Energy Project on the Peace River. Premier Christy Clark said the project would provide the province with reliable, clean power for the next century.

    As quoted in the government press release:

    As the third project on the Peace River, the firm energy it provides will support the development of more independent power projects (IPPs) by backing-up intermittent resources, such as wind. IPPs currently provide 25% of B.C.’s electricity and will continue to play a vital role in meeting the province’s energy needs.

    Click here to read the story

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