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词条 Run of River Power
释义

  1. History

     Listing on TSX Venture Exchange 

  2. Power Projects

     Operational Projects  Brandywine Creek (8MW, 34-40GWh/yr)  Development Projects  Skookum Power Project (25MW, 68GWh/yr)  Upper Pitt River (155MW) 

  3. See also

  4. References

  5. External links

{{Advert|date=February 2011}}{{Infobox company
| name = Run of River Power
| logo =
| type = Public company
| traded_as = {{tsxv|ROR}}
| genre = Independent Power Producer
| foundation = 2005
| founder =
| location_city = Delta, British Columbia
| location_country = Canada
| location =
| locations =
| area_served =
| key_people = Richard Hopp, President & CEO
| industry = Electric generation
| products =
| services =
| revenue =
| operating_income =
| net_income =
| assets = C$33.24m
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid = Northwest Cascade Power
Rockford Energy Corp.
Sea to Sky Power Corp.
Pacific Northwest Biomass Corp.
| homepage = www.runofriverpower.com
| footnotes =
| intl =
}}

Run of River Power or ROR Power is a Canada-based energy company. It develops renewable, sustainable energy through its portfolio of run-of-river and biomass projects in British Columbia.

History

Listing on TSX Venture Exchange

In June 2005, Run of River listed on the TSX Venture Exchange by conducting a private placement of 14.8m shares at $0.60/share to raise $8.9m. These funds, and a $13m loan from Industrial Alliance Insurance and Financial Services, were used to purchase a 90% interest in Rockford Energy, which included the Brandywine Creek facility and five other nearby projects, from Ledcor Power.[1]

Power Projects

Operational Projects

Brandywine Creek (8MW, 34-40GWh/yr)

This project was awarded a 20-year power purchase agreement in BC Hydro's 2001 Call for Green Energy Projects.[2] Construction work was carried out in less than one year by Ledcor Power and the project was commissioned in May 2005.[3] Capital costs were originally estimated at $11m, but additional fish studies and agreements with local government and First Nations inflated costs to $14m.[4]

Annual revenues have been estimated at roughly $2.2m for a total of “around $50 million” over 20 years.[5] However, according to a 2008 report, Run of River’s Brandywine project is “money-losing”.[6]

Development Projects

Skookum Power Project (25MW, 68GWh/yr)

A 40-year PPA was awarded to Run of River Inc. in 2008 Call.[7][8] Current plans call for construction of the $94m project to begin in 2012 and commissioning in Jan 2014.[9]

Upper Pitt River (155MW)

This project, proposed by Run of River’s subsidiary Northwest Cascade Power Ltd., included seven generation facilities and a 42 km transmission line that would have passed through Pinecone Burke Provincial Park.[10] Capital costs were estimated at $350m.[11]

The proposal reached the pre-application stage of British Columbia's Environmental Assessment process before being terminated by Environment Minister Barry Penner, who refused to redraw park boundaries in order to accommodate the required transmission line.[12] While Run of River’s management and the local First Nation were united in their opposition to this decision, the firm is currently seeking an alternative transmission route.[13][14]

See also

  • Renewable energy companies on the stock exchange

References

1. ^Healy Capital Corp. Press Release – 21 June 2005
2. ^http://www.runofriverpower.com/id/14
3. ^http://www.bchydro.com/planning_regulatory/acquiring_power/green_ipps/project_updates/brandywine_creek.html
4. ^Vancouver Sun – 30 August 2002
5. ^Healy Capital Corp. Press Release – 21 June 2005
6. ^Vancouver Sun – 24 March 2008
7. ^http://dcnonl.com/article/id38251
8. ^http://www.runofriverpower.com/pages/our-projects.php
9. ^Run of River Power Press Release - 6 May 2010
10. ^Vancouver Sun - 8 January 2010
11. ^Vancouver Province - 27 May 2008
12. ^Vancouver Sun - 27 March 2008
13. ^Vancouver Province - 27 May 2008
14. ^Run of River Power Inc. Q2 2010 Report

External links

  • www.runofriverpower.com
{{Use dmy dates|date=February 2011}}{{DEFAULTSORT:Run Of River Power}}

10 : Power companies of Canada|Renewable energy companies of Canada|Energy in British Columbia|Companies based in British Columbia|Delta, British Columbia|Canadian companies established in 2005|Energy companies established in 2005|Renewable resource companies established in 2005|2005 establishments in British Columbia|Companies listed on the TSX Venture Exchange

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