Regional Power (Canadian company)
Regional Power, a subsidiary of Manulife Financial, has been developing and operating independent power projects since the mid-1980s. Currently, the firm operates six hydro plants on behalf of other developers with a total generating capacity of 36 megawatts.
Assets Operated for Others
Regional Power operates the following assets on behalf of other hydro developers:
| Project Name | Location | Capacity (MW) | Owner |
|---|---|---|---|
| Dryden | Ontario | 3.9 | Macquarie Power & Infrastructure |
| Hluey Lakes | British Columbia | 3.0 | Macquarie Power & Infrastructure |
| Sechelt | British Columbia | 16.0 | Macquarie Power & Infrastructure |
| Wawatay | Ontario | 13.5 | Macquarie Power & Infrastructure |
| Curtis Dam | New York | TransCanada |
Development Projects
Long Lake (31MW, 139GWh/yr) BC Hydro awarded this project a Power Purchase Agreement in the 2008 Clean Energy Call. This project is a retrofit of a decommissioned storage dam that was built in the 1930s and used to supply power to the nearby Premier mine. The mine, which was last operated by Westmin Resources, closed in the 1990s and has since been decommissioned. The dam was taken out around the time of the mine’s closure.[1]
In the early 2000s, Stuart Croft of Summit Power became interested in this site as a potential retrofit project and established a joint venture with Regional Power.[2] The developers plan is to build a new dam and powerhouse in order to supply electricity to Stewart, BC and Hyder, Alaska.[3]
As of May 2010, David Carter, Executive Vice President of Regional Power, estimated that construction would begin in Spring 2011 and the project would be operational in late 2012.[4] Carter claimed that the engineering work was substantially completed, but very little permitting had been done.