Dr. Mark Jaccard, past BCUC Chair and SFU professor reviews two manuscripts that strongly criticize BC’s current electricity policy: Liquid Gold,  by John Calvert, and Lost in Transmission, by Marvin Shaffer. Jaccard contrasts Calvert’s quotes “with real-world evidence and analysis to show that Calvert’s book is best read as a political propaganda tract.” The Executive Summary of Jaccard’s Review states that “the government’s current electricity policies appear to have sound ‘public interest’ rationales, and these policies are consistent with those of governments in other jurisdictions. The effort to expand electricity generation in BC makes sense in terms of security of supply for domestic consumers, even if the generation assets are not publicly owned. The increased role for IPP generation is a much-needed response to the high risk of electricity generation investment today as a way of reducing financial risk to ratepayers and taxpayers.”

For more information see attached Peer Review Report, Press Release and Highlight Quotes from the Report.