While the demand for electricity fluctuates year-to-year, BC Hydro forecasts that B.C.'s electricity needs will grow by almost 40 per cent over the next 20 years, driven by a projected population increase of more than one million residents and economic expansion. An emerging Liquefied Natural Gas (LNG) sector and growth in the use of electric vehicles would further increase demand in the future.
As extensive as BC Hydro's electricity supply is, it will not be enough to meet B.C.'s long-term electricity needs, even with BC Hydro's ambitious conservation programs that are targeted to meet at least 66 per cent of future electricity growth. That's why BC Hydro is reinvesting in its existing assets and building the Site C Clean Energy Project.