This report has been prepared by McCullough Research for the Peace Valley Landowner Association (PVLA) and the Peace Valley Environment Association (PVEA). --- Date: September 23, 2017 To: McCullough Research Clients From: Robert McCullough Subject: Prepared Comments at the BCUC September 23, 2017 Public Session I was the third presenter today following Vernon Ruskin and Rob Botterell to summarize our responses to three of the seventy-three questions posed by the BCUC to British Columbia Hydro. We plan to submit three expert reports to the BCUC this week. Question 16: With regard to BC Hydro’s forecast for LNG load, please provi

This report has been prepared by McCullough Research for the Peace Valley Landowner Association (PVLA) and the Peace Valley Environment Association (PVEA). Date: September 21, 2017 To: McCullough Research Clients From: Robert McCullough Subject: BCUC’s Preliminary Findings Last night, the British Columbia Utilities Commission (BCUC) released its preliminary findings in the Site C inquiry. The two hundred and five page preliminary findings are very direct about the many failings in BC Hydro’s continued support for Site C. First and foremost, the document continuously criticized BC Hydro for failing to provide relevant and suppo

Robert McCullough, energy expert and Principal of McCullough Research, spoke with CFAX's Pamela McCall today about the impending release of BCUC Preliminary Report on Site C. ​ Listen to his full interview by clicking here. Highlights: ​​ (0:52) Deloitte Reports critical of BC Hydro (1:33) Deloitte Report outlined alternatives to Site C that meet environmental concerns and are less expensive than Site C (2:49) McCullough's expertise led to initiation of the Enron investigations (4:18) Quebec Premier stated in speech at the Climate Week in NYC: "The day of big dams is now over" (5:34) What about $1.8b already spent on Site C? (6:24) The cost of renewables have come down 50% over past 5 years

FOR IMMEDIATE RELEASE Terminating Site C Immediately Will Save BC $1.6 Billion SEPTEMBER 13, 2017 - VANCOUVER, BC – Today the Peace Valley Landowner Association (PVLA) and the Peace Valley Environment Association (PVEA) released a report from McCullough Research, showing terminating Site C and building a renewable portfolio of wind and geothermal would save British Columbia $.7 to $1.6 Billion. The McCullough Report responds to the BC Hydro Site C Submission and the Deloitte LLP Reports submitted to the BCUC Site C Inquiry. “It is not financially prudent to finish the Site C project,” says Robert McCullough, Principal of McCullough Research. “The cost of building a renewable based portfolio

What: The Peace Valley Landowner Association (PVLA) and the Peace Valley Environment Association (PVEA) will hold a press conference Wednesday, September 13, to release the reply from McCullough Research to the BC Hydro Submission and the Deloitte LLP Reports on Site C. The McCullough Research reply submission demonstrates that there is sufficient information and analysis now on hand to justify an immediate suspension of construction of Site C, pending completion of the BCUC Site C Inquiry. The report provides unequivocal findings to support a BCUC recommendation to the BC Cabinet to permanently halt Site C. Harry Swain, Former Chair Site C Joint Review Panel, will also provide expert

SEPTEMBER 11, 2017 - VANCOUVER, BC – The Peace Valley Landowner Association (PVLA) and the Peace Valley Environment Association (PVEA) call on the BC Government to immediately suspend construction on Site C pending completion of the British Columbia Utilities Commission (BCUC) Site C Inquiry. The Deloitte LLP Reports on Site C, released by the BCUC on September 8, make several key findings that support an immediate suspension of construction. These findings can be summarized as follows: On Delays and Cost Overruns – There is likely to be a cost overrun of $.8 to $4.3 billion or 10% to 50%. Site C faces a real risk that it could miss the 2019 Start of River Diversion costing BC ratepay