PUBLICATION
British Columbia Power 2014
During the past two years, the government of British Columbia and BC Hydro, a crown-corporation accounting for 80% of the province’s generation capacity, have worked to plan the province’s energy future, as demand for electricity is expected to rise by 40% over the next 20 years. The government’s 10-Year Plan and BC Hydro’s complementary Integrated Resource Plan (IRP) call for extensive new investments and upgrades to infrastructure, including C$1.7 billion per year over the next 10 years on capital improvements. However, it is unclear whether plans for BC Hydro’s Site C, a long-proposed 1,100-megawatts (MW) project on the Peace River, will be approved or the development of substantial gas reserves through the construction of electricity-intensive LNG export facilities will occur.
RECENT PUBLICATIONS
In August 2023, Mexican exports to the US surpassed China for the first time. As companies prioritize securing supply their chains after years of logistics challenges, Mexico has begun to see major benefits. With a spate of new infrastructure projects such as the Interoceanic Corridor of the Isthmus of Tehuantepec coming online in 2023, the country is actively opening itself to investment. The chemical industry, in particular, is positioned for nearshoring-driven growth.
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MACIG
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