
Doug and Renee
Doug Goodbrand took us to Soo River Hydro where by chance Renee was
doing some maintenance. With everything accessible, we spent about
40 minutes touring the facility.
Soo
River came online in the early '90's, took several years to permit
& about $20M to built. It is owned and operated by Summit Power
Management, Inc., a Vancouver company.
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Soo River Control Room
By
contract the first 12MW of production go to BC Hydro for BC
consumption. Any production beyond that goes to Powerex. When by
incidence the 13th and 14th MW of production are bought and resold
into the Alberta Power Pool (often at night), Emission Reductions
are achieved.
Hourly emission
data from Alberta power plants are available since January,
1996, and are used for reduction calculations. This makes our type
of transactions possible for the years 1996, 1997, 1998 & 1999.
The
total yearly Emission Reductions Soo River has generated by sales
into the Alberta pool modulates between ~5,000 and 10,000 tons CO2
per year. This could mean up to 30,000 matured
"run-of-the-river" reductions for our portfolio.
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