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Plutonic Power Corporation, GE Energy Financial Services, Sign Electricity Purchase Agreement with BC Hydro for Upper Toba Valley Hydroelectric Project
News Release, Plutonic Power Corp., Fri Apr 30, 2010
VANCOUVER, BC -- April 30, 2010 --- Plutonic Power Corporation (TSX: PCC) and GE Energy Financial Services, a unit of GE (NYSE: GE), announced today they have signed a 40-year electricity purchase agreement with BC Hydro for the 124-megawatt Upper Toba Valley Hydroelectric Project.
Aaron Hill talks about the Clean Energy Act on CFAX-1070
Opinion Edmonton Profits Big from BC Private Power
By Will McMartin, TheTyee.ca, April 19, 2010
For trio of independent power plants, net-profit margin is a whopping 26.8 per cent.
What is an appropriate profit margin for independent power producers (IPPs) who sell clean- or green-energy to BC Hydro and Power Authority?
Opinion Edmonton Profits Big from BC Private Power
By Will McMartin, TheTyee.ca, April 19, 2010
For trio of independent power plants, net-profit margin is a whopping 26.8 per cent.
What is an appropriate profit margin for independent power producers (IPPs) who sell clean- or green-energy to BC Hydro and Power Authority?
Did they have to die?
Kent Spencer, The Province, April 18, 2010
Troubling questions arise about the night five people died when Rutherford Creek bridge was destroyed in a massive rainstorm
Seven-year-old Cole Burnette knows who his father is: He's the man who makes rainbows in the sky. The Burnette family has relied on Cole's youthful faith these past seven years. His father, Jamie Burnette, was killed when the Rutherford Creek Bridge washed away in 2003 during a heavy rainstorm.
Ashlu critic defends photos
Sylvie Paillard, The Chief (Squamish), April 13, 2010
Critics say photos of the Ashlu River taken before and after the installation of a run of river power project shows its destructive nature on the Squamish Valley watershed.
Pics of dry Ashlu ‘unfair’: proponent
Sylvie Paillard, spaillard@squamishchief.com, Squamish Chief, April 9, 2010
Images being circulated over email claiming to show the Ashlu River reduced to a trickle due to a new Independent Power Project has created a firestorm, but the power purveyor has said the images don’t depict the Ashlu at all.
Rex Weyler on Energy and Limits
Damien Gillis, theCanadian.org, April 9, 2010
Click here to read Damien Gillis' account at thecanadian.org
BC Hydro approves 4 power projects
Mark Hume and Justine Hunter, Globe and Mail, March 31, 2010
Vancouver and Victoria — Four power projects, including one that will install 66 wind turbines on the northeast coast of Vancouver Island, have been approved under a new purchase agreement by BC Hydro.
BC Hydro selects 4 more projects for EPA awards
BC Hydro, March 31, 2010
BC Hydro has selected an additional 4 projects for the award of electricity purchase agreements in the first set of awards under the Clean Power Call. The list of the selected Proposals can be viewed on the Selected Proposals page.
California power market tough to crack
By SCOTT SIMPSON, Vancouver Sun, March 25, 2010
B.C. green power may not qualify for top rates given to renewable energy projects
British Columbia should not look to California to support its ambitions to develop a lucrative renewable electricity export industry, a U.S. power market expert said this week.
BC Hydro selects 19 projects for EPA awards
BC Hydro, March 11, 2010
BC Hydro has selected 19 projects for the award of electricity purchase agreements in the first set of awards under the Clean Power Call. The list of the selected Proposals can be viewed on the Selected Proposals page.
Developers delay $4-billion Bute hydro project
David Ebner, Globe and Mail, Thursday, Mar. 11, 2010
Plutonic Power Corp. and General Electric Co. will delay their controversial, $4-billion Bute hydroelectric project north of Vancouver, a decision made amid the public-policy confusion that has beset energy development in British Columbia.
SIB, Plutonic sign impact benefit agreement
Jenny Wagler, Coast Reporter, February 19, 2010
Representatives of the Sechelt Indian Band (SIB) and Plutonic Power Corporation signed a second long-term Impact Benefit Agreement (IBA) Thursday, Feb. 11, regarding a 500-kV transmission line on Band territory, which could be used for the proposed 1,030-MW Bute Inlet hydroelectric project as well as future projects.
Critics worry eco-standards eroded
Judith Lavoie, Times Colonist, February 11, 2010
The throne speech maps out a path to lower environmental standards and a gold-rush mentality, say environmental groups.
"The spectre of an environmental-assessment regime whose governing criteria are speed and money is cause for deep concern," said George Heyman, executive director of the Sierra Club B.C.
$100 donation promise is one that John Hunter should pay
Ralph Keller, Courier-Islander, Wednesday, February 10, 2010
Re: Lynda Belter and John Hunter's $100 dollar donation.
The decision by the BCUC on BC Hydro's Application for Approval of the 2008 Long Term Acquisition Plan (LTAP) is a lengthy document. On page 131 is the following statement:
IPPs raise stakes in energy debate
Scott Simpson, Vancouver Sun, February 6, 2010
Independent power producers seek parity with other Hydro customers, but critics argue move would negatively impact ratepayers
Independent power producers seek economic opportunities and benefits from government similar to those available for British Columbia industries such as forestry and mining, according to a document obtained by The Vancouver Sun.
Run-of-the-river projects threaten efforts to become green
By Melissa Davis, Vancouver Sun, January 29, 2010
It's not easy being green, as the saying goes, and nowhere more so than here in British Columbia.
Plutonic plans postponed
DAN MACLENNAN, Courier-Islander, Wednesday, January 27, 2010
It's going to take much longer than first thought for Plutonic Power to submit an Environmental Impact Statement (EIS) for its massive Bute Inlet Hydroelectric Project.
Participant Funding Process Postponed
News Release, CEAA, January 21, 2010
"OTTAWA, January 21, 2010 - The Canadian Environmental Assessment Agency is postponing its participant funding process for the proposed Bute Inlet Hydroelectric Project in British Columbia due to changes in timelines associated with the submission of the Environmental Impact Statement.
Voices of Bute Inlet
A video by Jeremy Williams, www.jeremywilliams.ca
Environmental Groups Recommend New Approaches to Clean Electricity in BC
Media Release, David Suzuki Foundation, Pembina Institute, Watershed Watch Salmon Society, West Coast Environmental Law, December 17, 2009
Several environmental organizations today released a blueprint for improving the planning and development of renewable electricity projects in British Columbia. The recommendations, authored by the David Suzuki Foundation, the Pembina Institute, Watershed Watch Salmon Society and West Coast Environmental Law, have been endorsed by 25 environmental organizations across the province.
Federal Environmental Assessment for Upper Toba approved
December 7, 2009 -- Transport Canada and Fisheries and Oceans Canada have taken the following course of action on December 7, 2009 relating to the screening of the Upper Toba Valley Hydroelectric Project. The authorities may exercise any power or perform any duty or function with respect to the project because, after taking into consideration the screening report and taking into account the implementation of appropriate mitigation measures, the authorities are of the opinion that the project is not likely to cause significant adverse environmental effects.











