Renewable Energy Producers Inject Billions into the Province, Report Finds
FOR IMMEDIATE RELEASE: April 14, 2016
British Columbia’s clean power producers have invested more than $8.6 billion in First Nations communities and local economies—including those hit hard by the recent collapse in global commodity markets—while fighting climate change and creating thousands of jobs.
That’s the key takeaway of a new Clean Energy BC assessment, Local Legacies: How Clean Power Producers are Building the Green Economy and Strengthening Communities Across British Columbia. The report finds:
- British Columbia’s clean power industry has attracted more than $8.6 billion in investment, and the money is spent in local economies, including the province’s north and interior regions.
- The sector has to date supported 15,970 direct, full-time equivalent person years of construction employment in every region of the province—with another 4,543 FTE person years of employment in the works on forthcoming projects.
- Renewable power companies now employ 641 people in operational roles around the province. Projects now under construction will support an additional 165 such positions once online.
- 25 percent of BC Hydro’s energy supply comes from independent power producers, of which 14 percent is provided by stand-alone clean-energy producers.
also details how First Nations participate in renewable energy projects, through impact benefit and revenue sharing agreements, employment, training, procurement, and more.
“Over the course of a decade, clean power producers have forged deep relationships with indigenous leaders, innovated made-in-B.C. solutions to protect ecosystems, and breathed new life into struggling communities all over the province,” said Paul Kariya, executive director of Clean Energy BC.
“We’re proud of that work, but our members are now ready to create a new legacy by powering the green economy of the future. If the provincial government heeds the advice of its own Climate Leadership Team, then we’re going to need plenty of clean electricity. We’re ready to deliver the goods.”
About Clean Energy BC
The BC Clean Energy Association represents 160 members who develop and operate reliable, responsible and affordable clean and renewable energy projects in cooperation with BC Hydro. A dozen First Nations are also members of the private-sector industry association.
Contact: Paul Kariya, Executive Director