B.C. Hydro has unveiled several capital investment projects it plans to carry out over the next few years and which have a combined $6 billion price tag.
The power authority plans to carry out more than 10 projects across the province, including two in the Peace River region.
The first of the projects in the Peace includes a $500 million project done in eight parts at the Gordon M. Shrum (GMS) Generating Station beside the W.A.C. Bennett Dam, which began generating power in 1968.
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Since the generating station is more than 40 years-old, one of the subprojects involves replacing five of the stationâ€™s turbines. Hydro officials say the turbine replacement will have the ability to generate more electricity each year without an increase in water usage. They say the 177 gigawatt hours increase per year can provide power to 1,500 additional homes.
The eight subprojects, together, at the Shrum GMS Station are expected to be completed by 2017.
The second of BC Hydroâ€™s major undertakings outlined is termed the Dawson Creek/Chetwynd Area Transmission (DCAT) Project.
The project is expected to double the areaâ€™s electrical capability through several components, including constructing a substation east of Chetwynd and by increasing the Bear Mountain Terminal into a complete substation.
This project is expected to cost between $150 and $250 million and should be completed by the Fall of 2013.