BC Hydro is a provincial crown corporation that supply electricity to meet demands in British Columbia.
Their next project is HUGE.
The project is called BC Hydro’s Site C Hydroelectric Megaproject and it costs approximately $8 billion CAD (Vancouver Sun, 2014). This project has the potential to generate revenue for the company.
Positive effects of building this dam:
- Able to generate revenue for the corporation.
- Able to produce enough electricity to power up to 450 000 homes in BC.
Negative effects of building this dam:
- Destroy farmland.
- Destroy wildlife habitat.
So, what is stopping BC Hydro from going forward with the project?
They are having issues with the First Nations People because of several reasons:
- Negatively affect fishing and hunting opportunities.
- First Nation practices and ceremonies will be affected.
According to a PEST analysis, this problem falls into the “political” factor.
BC Hydro is unable to carry on with the project because they are violating government policies, or more specifically, First Nation policies. This holds the business back.
I would suggest that BC Hydro look elsewhere to build their dam because the land that they are planning to flood is home to the ancestors of this province. A precise PEST analysis should be done to ensure a smooth and efficient project.
Workcited
http://www.vancouversun.com/news/First+Nation+chiefs+stage+Site+showdown/10215965/story.html
http://www.theglobeandmail.com/news/british-columbia/site-c-recommendation/article18565850/
https://www.bchydro.com/energy-in-bc/projects/site_c.html