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projects now know with greater certainty, and sooner, how profitable their project is likely to be, which significantly improves their viablility as assessed by investors and lenders. BC Hydro has also supported the development of small-scale hydro through a number of other initiatives. The key initiative is BC Hydro's commitment to acquire 10% of its new electricity supply from green sources (in effect, a voluntary RPS by the utility). As part of this commitment, Hydro will fund 20MW of green energy demonstration projects on Vancouver Island (a service area facing capacity constraints). Where the renewable technology is new to BC (wind and ocean) Hydro will joint venture with IPPs; however this is not necessary for the planned 6 to 8 MW of micro hydro. In support of this, BC Hydro is working actively with the IPP industry association to eliminate information barriers impeding market entry. Hydro developed and published a resource map (An Inventory of Undeveloped Opportunities at Potential Micro Hydro Sites in BC). The utility is also working with the federal and provincial regulatory agencies to streamline and harmonize regulatory requirements, and is developing a micro-hydro handbook outlining those regulatory requirements. Furthermore, Hydro is hosting workshops to train stakeholders on both the regulatory and competitive purchasing processes. These barrier-reducing actions have turned a formerly adversarial relationship into one of cautious partnership and cooperation, and increasing market success for renewables. Conclusions Micro- and small-scale hydro are mature technologies with a well-developed engineering and design knowledge base, and do not require research and development support. However, Independent Power Producers and other stakeholders do face a number of significant information, market and financing barriers that prevent small-scale hydro and other renewables from fully penetrating the electricity generating market. A broad range of strategies is available to help overcome these barriers. Many of these strategies are already underway and being used successfully in B.C. and Canada to establish small-scale hydro projects. Deregulation considerations and increased consumer demand for ‘green’ energy are pushing utilities and governments to become more involved in renewable energy technologies. The success of these initiatives relies on the strength and commitment of the utilities and the regulators, and the nature of their partnership. A survey of RETs in other jurisdictions6 indicates that the highest level of renewable energy penetration occurs in jurisdictions with a fully integrated suite of policies. The primary lesson to be learned is that the commitment to renewable energy, coupled with cooperation amongst all involved, are required for a sustainable energy future. 6 Sheltair Group Resource Consultants, 2001PDF Image | Organisations in Different Renewables
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