BCBusiness

January 2016 Best Cities For Work in B.C.

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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A L T E R N A T I V E E N E R G Y S P E C I A L F E A T U R E A Sustainable Strategy The investments being made to grow and develop the alternative energy sector in B.C. bodes well for the province's environmental and economic future T he biggest criticism about alternative energy is that no single energy source will ever replace fossil fuels in meeting global energy needs. But the argument is specious, since most people in the alternative energy business have long held that all types of sources—with fossil fuels maintaining a predominant role—will be required to serve our growing population for the foreseeable future. Still, the rise of alternative energy (or "renewable" energy, as proponents prefer) is remarkable, especially in B.C. Here, it has grown from fringe to mainstream in a few short decades and today supplies about 20 per cent of the province's total energy requirements (enough to power 1.5 million homes), according to Clean Energy BC. Although sluggish world economies and the downturn of the resource sector have reduced our urgency to develop more power, Clean Energy executive director Paul Kariya believes now is the perfect time to further develop renewable resources. "The big three are wind, solar and biomass, and we have enormous potential in B.C. for more," he reasons. "The northeast part of B.C. and Northern Vancouver Island have steady, seven-nine knot winds, and regions such as the Okanagan are renowned for their sunshine." As for biomass, organizations such as the Wood Pellet Association of Canada are intensifying their efforts to persuade government to grant access to waste wood that would otherwise be burned as slash (pellet producers have turned waste wood from B.C.'s forests into a $300-million-per- year export business). Kariya, whose organization represents and advocates for clean energy project developers, points out that of the 20 per cent of renewable energy being produced here, none of it is subsidized. "Plus, last year $2 billion of capital expenditures was spent in the private clean energy sector," he says. "So this is big business." With undisguised pride, he adds, "We're the only sector First Nations people fully embrace, mainly because renewable energy projects are less impactful to the environment. Therefore, it's important According to Clean Energy BC, an additional 25 run-of-river hydro projects supplying electricity to BC Hydro are expected to be in operation by 2018

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