Tag Archives: site C

Site C risks ‘death spiral’ for BC Hydro, says watchdog

Consumer Policy Institute warns of big rate hikes and pressure for taxpayer bailout. Continue reading

Posted in Energy Probe News, Hydro-Quebec-26-Labrador, Utility Reform | Tagged , , , , , | Leave a comment

A whole new way to screw up hydro is underway in Ontario and B.C.

(November 27, 2017) BC Hydro is following Ontario down a road where the price of electricity is political.

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Provincial finances are worse than they look as politicians hide their megaproject boondoggles

(November 14, 2017) Political leaders are determined to bury the risk of pet megaprojects.

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Another megaproject pushing public utilities to the brink

(October 2, 2017) Nalcor’s Muskrat Falls hydro project will cost more than double original estimates, is years behind schedule and will impose triple-digit rate increases on electricity customers when it starts producing power.

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Government’s mega utility projects spell mega-ruin

(October 2, 2017) Government-owned utilities have a costly, longstanding habit they can’t seem to kick: megaprojects.

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Megaprojects like Site C bankrupt power utilities

(October 2, 2017) The Site C dam exhibits many of the same traits afflicting other megaprojects: an undermining of the regulatory system, accounting tricks that mask the real cost of the project and an explicit guarantee of a taxpayer bailout.

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