Peace River could see run-of-river Project

Map provided by Canadian Hydro

The Peace River could see a run-of-river project built just south of Fairview.

Canadian Hydro received approval Tuesday for a project that will be located near Dunvegan Alberta and if built could produce 600 mega watts hours of power per year. John Keating is the CEO of Canadian Hydro and they plan to move ahead with the project in 2009 pending the current economic crisis. [asset|aid=753|format=mp3player|formatter=asset_bonus|title=b635c0bce93115aae97ed8cd282306fe-Keating – 1 – money_1_Pub.mp3]

The project was subject to a joint federal-provincial panel that stated the project would be in the public interest and would be a stable and reliable source of green power. A run-of-river project will see no reservoir. [asset|aid=754|format=mp3player|formatter=asset_bonus|title=b635c0bce93115aae97ed8cd282306fe-Keating – 2 – run of the river_1_Pub.mp3]

The company says approximately 500 person-years of employment would be created with the 4 year construction project. This project could also power approximately 80,000 average homes. For more info visit www.canhydro.com

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