BC Hydro is calling on yet another alt-energy sector to add its weight to the B.C. power grid with a recent call for bioenergy. It’s a good signal for the B.C. tech companies coaxing megawatts from wood chips and other organic waste, but it’s a fairly minor boost for a sector already doing big things outside the country.
For example, Nexterra Energy Corp. president and CEO Jonathan Rhone says he’s happy about BC Hydro’s interest, but he’s far more excited about Nexterra’s latest partner: U.S. auto parts and building giant Johnson Controls Inc.
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When Mossadiq Umedaly stepped down as CEO of Xantrex Technology Inc. in 2003, it was a safe bet that he didn’t have golf on his mind. Having built a hospital in Pakistan, worked side-by-side with Firoz Rasul to get Ballard Power Systems Inc. off the ground and then guided Xantrex from start-up to the eve of a $67-million IPO, he would be looking for his next challenge.
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The appointment of Mossadiq Umedaly to the position of chairman of BC Hydro signals – at last -- a significant shift in economic thinking in this province.
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In one corner: the town of Kitimat, with suspicions that Alcan wants to halt aluminum production in favour of selling power to BC Hydro. It’s doing everything it can to foil the aluminum giant’s electricity sales.
In the other corner: Terrace, with big plans to create an aluminum-based secondary-manufacturing industry. It wants to keep its largest employer happy and is less than thrilled with its neighbour’s mudslinging.
Let’s get ready to rumble
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Bob Elton, President and CEO, BC Hydro
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Cool Title. Big Job. But what’s an off-the-grid guy doing on electric avenue?
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