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Powerex is the wholly-owned power marketing subsidiary
of BC Hydro, Canada's third largest electric utility.
Established in 1988, Powerex has grown to be a leading
marketer of wholesale energy products and services in
western Canada and the western United States, and a growing
niche player in other markets in North America.
Customers: Our customer
base has increased dramatically over the years, and
now includes more than 150 consumer and investor owned
utilities, municipalities, power pools, large industrials
and power marketers who have come to know Powerex as
a customer focused, highly flexible, reliable provider
of energy solutions.
Products and Services:
We offer our customers a variety of products and services
that can be tailored to meet their changing daily and
seasonal energy needs. Products like energy and capacity,
and services like energy exchanges, natural
gas trading and more. We can provide power for days,
weeks, months or longer, and our fully staffed real-time
trading desk means we're open 24 hours a day, 7
days a week. A variety of financial alternatives enhances
our customer offerings.
Resources: As a physical
supplier of power, our portfolio
of resources is second-to-none. We purchase power
from a wide variety of energy providers in BC, western
Canada and across the US; and are marketers, on behalf
of the BC government, of the highly reliable Canadian
Entitlement power from the Columbia River Treaty.
Combine this with our access to the flexibility and
robust nature of BC Hydro's hydroelectric system, and
we offer superior value to our customers.
Marketplace Expertise:
At Powerex we've developed a strong understanding of
and expertise in the complexities of marketplace rules
and transmission systems that enables us to efficiently
and economically move power between regions to where
our customers need it. And we've got all the necessary
licenses and permits, from both Canadian and US regulators,
to allow us to do business now, and for years to come.
Commitment: Powerex
is a team of industry professionals committed to working
with our customers to make deals happen. We place high
value on integrity and trust. We believe that when our
customers win, we win. And we pride ourselves on our
ability to build and nurture mutually beneficial relationships.
About BC Hydro
BC Hydro is a Crown Corporation of the province of
British Columbia, and the third largest electric utility
in Canada, serving more than 1.6 million BC customers
and generating between 43,000 and 54,000 GWh of electricity
annually.
BC Hydro has constructed a world-class integrated hydroelectric
system of close to 11,500 MW of generating capacity
- over 10,000 of which are hydroelectric. Hydro's backbone electric system
is interconnected with the western US by two 500 kV
transmission lines on the west coast between BC and
Washington, one 230 kV line connecting BC and Washington
on the east side, and a 500 KV line to the east, connecting
BC with Alberta.
Powerex's access to the flexibility of the BC Hydro
system enables us to add value and shape power deliveries
to customers across the western interconnected electric
system.
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