Site C dam approved by B.C. government – British Columbia – CBC News.
B.C. has approved the $9 billion Site C dam — a massive hydroelectric project that would flood a large area of the Peace River Valley in northeastern B.C.
In making the announcement, Premier Christy Clark said the Site C Clean Energy Project will provide B.C. residents with a reliable source of power for the next 100 years for the least cost to the taxpayer.
“Affordable, reliable, clean electricity is the backbone of British Columbia’s economy,” said Clark. “Site C will support our quality of life for decades to come and will enable continued investment and a growing economy.”
Energy Minister Bill Bennett said B.C.’s electricity rates are the third lowest in North America and the fourth lowest for commercial and industrial users.
But he said B.C.’s population is expected to increase by more than a million people and the province’s electricity demand to grow by 40 per cent over the next 20 years
