| The British Columbia Hydro and Power Authority (BC Hydro) has released its 10-year capital plan, which it says will lead to an “unprecedented” level of construction to build new transmission, build or upgrade substations, and add renewable generation. BC Hydro’s updated 10-year capital plan includes almost $36 billion in community and regional infrastructure investments throughout the province between 2024-25 and 2033-34. This represents an increase of 50% over BC Hydro’s previous capital plan ($24 billion), and includes an increase in electrification and emissions-reduction infrastructure projects (nearly $10 billion, up from $1 billion). The 10-Year capital plan for 2024-25 to 2033-34, Power Pathway: Building BC’s energy future, includes nearly $10 billion for infrastructure to support electrification and greenhouse gas reduction, more than $5 billion to address load growth and increased customer connections, and $21 billion to sustain existing capital assets, dam safety, and reliability, for a total of $36 billion over 10 years (net of contributions in aid of construction, such as customer payments under tariffs). This is an increase of about 50% from last year’s capital plan that included $24.1 billion in investments. | 