VANCOUVER, BC--(Marketwired - October 19, 2017) - Yesterday, the Peace Valley Landowner Association (PVLA) and Peace Valley Environment Association (PVEA) made their final submission to the BCUC Site C Inquiry Review Panel. The report, prepared by McCullough Research, speaks to the BCUC's own October 11 Alternative Portfolio findings, consisting primarily of a composition of wind power with battery backup.
Internationally respected energy expert Robert McCullough found that contrary to BC Hydro's assertions, the BCUC October 11 Alternative Portfolio:
Building the BCUC's wind powered portfolio instead of Site C will save BC ratepayers between $0.5 and $2.1 billion, even if sunk costs and termination costs are included.
Other key points that arise from a review of the McCullough report:
"We look forward to unequivocal advice from the BCUC to cancel Site C," says Ken Boon, PVLA President. "The case is clear and compelling. The project is not past the point of no return and we will be looking to the provincial government to act in the best interest of all ratepayers and taxpayers, and cancel this project."
To read McCullough Research's most recent report, submitted to the BCUC Site C Inquiry on October 18, click here.
Additional Materials:
To download the full McCullough Report, and to read all other expert reports submitted by PVLA and PVEA to the BCUC Site C Inquiry, please visit: www.peacevalleyland.com/sitecinquiry.
Robert McCullough is Principal of McCullough Research in Portland, OR, and for over thirty-seven years has advised governments, utilities, and aboriginal groups on energy, metals, paper, and chemical issues. He has testified repeatedly in state, federal, and provincial courts as well as before Congress and regulatory bodies. His testimony in front of the Senate Energy Committee is credited with initiating the Enron trading investigations during which he worked for the U.S. Department of Justice and three western attorney generals. He has consulted for U.S. and Canadian clients on hydroelectric issues in many states and provinces, including on many occasions, presenting on issues before Canadian regulators.
For more information, please contact:
Robert McCullough
McCullough Research
503-784-3758 or 503-771-5090
Ken Boon
President
Peace Valley Landowner Association
250-262-9014
Alison Thompson
Chair
Canadian Geothermal Energy Association
604-360-3994