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Cloudworks Energy
Cloudworks Energy Inc. was a private, Vancouver-based run-of-river hydro developer formed in 1999. The firm's principals developed the 33MW Miller Creek run-of-river project (subsequently sold to Capital Power Corporation) and the 49.9MW Rutherford Creek project (subsequently sold to Innergex Renewable Energy). In 2011 Innergex Renewable Energy acquired Cloudworks Energy Inc. Key Personnel Cloudworks described its management as "an experienced team with decades of experience in run of river development." * Nick Andrews LL.B, MBA - Principal * John Johnson, MBA, CFA — Principal * David F. Andrews, P. Eng — Principal * Graham Horn, MBA — Executive Vice President Power Projects With 145MW of operational projects, Cloudworks was one of British Columbia's leading independent hydro power producers before its acquisition by Innergex Renewable Energy. The firm was awarded multiple Power Purchase Agreements in both BC Hydro's 2006 and 2008 power calls, which provided opportunities for ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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Run-of-river
Run-of-river hydroelectricity (ROR) or run-of-the-river hydroelectricity is a type of hydroelectric generation plant whereby little or no water storage is provided. Run-of-the-river power plants may have no water storage at all or a limited amount of storage, in which case the storage reservoir is referred to as pondage. A plant without pondage is subject to seasonal river flows, thus the plant will operate as an intermittent energy source. Conventional hydro uses reservoirs, which regulate water for flood control, dispatchable electrical power, and the provision of fresh water for agriculture. Concept Run-of-the-river, or ROR, hydroelectricity is considered ideal for streams or rivers that can sustain a minimum flow or those regulated by a lake or reservoir upstream. A small dam is usually built to create a headpond ensuring that there is enough water entering the penstock pipes that lead to the turbines, which are at a lower elevation. Projects with pondage, as opposed to ...
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Capital Power Corporation
Capital Power is an independent power generation company based in Edmonton, Alberta, Canada. Capital Power develops, acquires, owns and operates power generation facilities using a variety of energy sources. Capital Power owns approximately 6,600 megawatts of power generation capacity at 27 facilities across North America. History The company history dates back to Edmonton Electric Lighting and Power Company formed in 1891. Previously named Edmonton Power, then EPCOR Generation (a division of EPCOR Utilities), Capital Power was created through issuance of a 25% IPO by EPCOR Utilities in 2009 and has assets in Alberta, British Columbia, Ontario and the United States. The decision to split EPCOR Utilities into two separate companies (one publicly owned by the sole shareholder, City of Edmonton) was made at a special meeting of Edmonton City Council held on April 17, 2009. The creation of Capital Power and the transfer of assets from the City of Edmonton-owned utility EPCOR resu ...
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Innergex Renewable Energy
Innergex Renewable Energy () is a developer, owner and operator of run-of-river hydroelectric facilities, wind energy, and solar farms in North America, France and South America. While many of the firm's operational assets are located in its home province of Québec, it has expanded into Ontario, British Columbia, and Idaho, as well as Chile and France Business segments The company has four reportable segments: hydroelectric production, wind power production, solar power production, and site development and management. Through its energy production segments it sells electricity produced from its hydroelectric facilities, wind farms, and solar farms in operation to publicly owned entities. Through its site development and management segment, the company develops energy production facilities to the operational stage and then manages them. Corporate history Innergex Renewable Energy was founded in 1990 by Gilles Lefrançois under the name Innergex GP in response to the Québec govern ...
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British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, forests, lakes, mountains, inland deserts and grassy plains, and borders the province of Alberta to the east and the Yukon and Northwest Territories to the north. With an estimated population of 5.3million as of 2022, it is Canada's third-most populous province. The capital of British Columbia is Victoria and its largest city is Vancouver. Vancouver is the third-largest metropolitan area in Canada; the 2021 census recorded 2.6million people in Metro Vancouver. The first known human inhabitants of the area settled in British Columbia at least 10,000 years ago. Such groups include the Coast Salish, Tsilhqotʼin, and Haida peoples, among many others. One of the earliest British settlements in the area was Fort Victoria, established ...
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Power Purchase Agreement
A power purchase agreement (PPA), or electricity power agreement, is a contract between two parties, one which generates electricity (the seller) and one which is looking to purchase electricity (the buyer). The PPA defines all of the commercial terms for the sale of electricity between the two parties, including when the project will begin commercial operation, schedule for delivery of electricity, penalties for under delivery, payment terms, and termination. A PPA is the principal agreement that defines the revenue and credit quality of a generating project and is thus a key instrument of project finance. There are many forms of PPA in use today and they vary according to the needs of buyer, seller, and financing counter parties. Contractual terms of a PPA may last anywhere between 5 and 20 years, during which time the power purchaser buys energy, and sometimes also capacity and/or ancillary services, from the electricity generator. Such agreements play a key role in the financin ...
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Harrison Lake
Harrison Lake is the largest lake in the southern Coast Mountains of Canada, being about 250 square kilometres (95 mi²) in area. It is about 60 km (37 mi) in length and at its widest almost 9 km (5.6 mi) across. Its southern end, at the resort community of Harrison Hot Springs, is c. 95 km east of downtown Vancouver. East of the lake are the Lillooet Ranges while to the west are the Douglas Ranges. The lake is the last of a series of large north-south glacial valleys tributary to the Fraser along its north bank east of Vancouver, British Columbia. The others to the west are the Chehalis, Stave, Alouette, Pitt, and Coquitlam Rivers. At the north end of the lake is a small First Nations community of the In-SHUCK-ch Nation, Port Douglas, known in the St'at'imcets language as ''Xa'xtsa'' (ha-htsa). There are three hot springs along the shores of the lake or near it, including near Port Douglas, at Clear Creek, a tributary of Silver River, and a ...
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List Of Electrical Generating Stations In British Columbia
This is a list of electrical generating stations in British Columbia, Canada. Hydroelectric List of most of the hydroelectric generating stations in British Columbia. Hydroelectric stations owned by BC Hydro A list of all grid-tied hydroelectric generation stations in British Columbia operated by BC Hydro Hydroelectric stations with partial BC Hydro ownership Waneta Dam has been wholly owned by BC Hydro since July 2018 after Fortis BC finalized an agreement with Teck to sell its 66% interest in the dam, but BC Hydro had first rights to purchase the remaining 66% from its first 1/3 ownership deal. Privately-owned hydroelectric stations This list includes all grid-connected hydroelectric generating stations not owned by the Crown Corporation BC Hydro. This list includes stations owned and operated by Independent Power Producers as well as by private utilities such as Nelson Hydro and FortisBC. In some cases, such as Lois Lake and Powell Lake, the electricity g ...
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