Investigation of the Benefits of Resource Diversification with an Energy Portfolio Dominated by Storage Hydro

This project will investigate the relative financial benefit of adding different types of power generating resources to the BC Hydro energy portfolio over time. The analysis will consider various drivers of financial risk that influence this evaluation such as commodity prices, energy demand, and water inflows. Appropriate measures of risk will be considered to aid in evaluating the comparison of alternate resource additions. A spreadsheet model will be constructed to complete the analysis.