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A wide variety of people attended the June 2 opening of the three Iskut River run of river projects built by Calgary energy company AltaGas. Just a few of those people included, from the left, AltaGas chair David Cornhill, provincial aboriginal affairs and reconciliation minister John Rustad, provincial energy minister Bill Bennett, Terrace mayor Carol Leclerc and Chad Day, the president of the Tahltan Central Council, Mary Dennis and Nancy McGhee.
Hydro projects are officially opened TERRACE - Nearly $1 billion of capital expenditure in northwestern B.C. was recognized June 2 with the official opening of three run-of-river power projects along the Iskut River developed by Calgary-based energy company AltaGas. The largest of the three – the Forrest Kerr facility at 195 megawatts and the smallest, Volcano Creek, at 16 megawatts – began producing power last year while the 66-megawatt McLymont Creek facility is to be finished this year. On hand for the opening were members from the Tahltan First Nation, on whose traditional territory the projects are located, Tahltan Central Council president Chad Day, energy and mines minister Bill Bennett, aboriginal relations and reconciliation minister John Rustad and AltaGas chairman and chief executive officer David Cornhill. Power produced by the facilities is being sold to BC Hydro and feeds into the provin-
cial grid through a substation at Bob Quinn, the end point of BC Hydro’s Northwest Transmission Line which itself was finished last August. Speaking after the opening, energy minister Bill Bennett called the three projects a crucial addition to northwestern B.C. infrastructure. “Without these projects we wouldn’t have a Northwest Transmission Line,” said Bennett. AltaGas paid a lump sum and is making annual payments which together will total $180 million toward the $716 million cost of the Northwest Transmission Line. Its power sales deal with BC Hydro is for 60 years. The 287kv line is also expected to lead to other northwestern developments, chiefly mining projects. And having a power source such as the AltaGas northwest projects adds a level of supply security, Bennett added. “They’re a great safety net. If you have
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an outage or something somewhere down the line, we now have a closer power source for projects in the area,” he said. Bennett also pointed to the agreements struck between AltaGas and the Tahltan Central Council for each of the three projects as a boost to the northwestern economy and as a stable revenue source for the Tahltan. “There are financial benefits, there are other benefits. This shows the value of a strong working relationship,” he said. The two economic benefits agreements for McLymont Creek and Volcano Creek alone are to bring in an estimated $560 million in total financial benefits to the Tahltan people over the decades-long life of the projects, the Tahltan Central Council has stated. The benefits include revenue sharing, profit sharing, scholarships and, in the case of the Volcano Creek facility, partial ownership by the Tahltan.
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