Plutonic Power Corporation Welcomes New Provincial Energy Strategy and Task Force


 "The new Provincial Alternative Energy and Power Technology Strategy and the creation of the implementation Task Force released by Gordon Campbell yesterday is welcomed as a movement towards maximizing benefits to British Columbians from the Energy Industry in BC" said Donald McInnes, President of Plutonic Power Corporation.

Plutonic Power is developing seventeen non storage run-of river hydro projects in British Columbia ranging in size from 5MW to 120 MW of installed capacity. When completed, at an estimated cost of over $1 billion, they will generate enough energy to supply the needs of over 300,000 homes, displace over 1.7 million tonnes of Co2 emissions annually and create over 2700 person years of employment during construction.

"The Government has recognized the environmental and economic advantages of promoting alternative energy technology and generation. By striking an implementation strategy Task Force British Columbians may realize the full potential of these opportunities. As concerns run of river non storage hydro generation the benefits are considerable to the remote/rural communities." McInnes said. The next important steps are in the completion of the Task Force work in August so that implementation of these strategies can commence.

The Provincial Energy Strategy builds on the foundation of the Province's 2002 Energy Plan and was derived in part from the Premier's Technology Council report detailing a strategy to return British Columbia to power self sufficiency and to become and exporter of power and power related technology solutions to world markets.

McInnes went on to say "MLA for Chilliwack-Kent,Barry Penner, named Cochair of teh Task Force, has long been supportive of clean and innovative energy solutions. He has the economic background to appreciate the ability of our industry to create high paying, highly skilled jobs in British Columbia. He also is aware of the opportunities run-of river development creates for First Nations and rural communities. Plutonic looks forward to working with the Task Force as well as utilities and government leadership in identifying more local market opportunities for innovative power generation and green technologies."



Donald McInnes, President

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