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British Columbia 🇨🇦 proposes new electricity rules: Manufacturing companies will be prioritized. AI Data Centers will have to bid for power. Crypto companies will be kicked out.

www.cbc.ca /news/canada/british-columbia/bc-ai-power-centres-9.6946054

Rather than the current first-come, first-serve structure, the government says the new policy would prioritize natural resource and manufacturing projects, while artificial intelligence, data centres and hydrogen-for-export projects would have to bid for their power

The changes tabled by Energy Minister Adrian Dix would also make the current ban on cryptocurrency connections permanent

"The allocation framework allows for the paced growth of these sectors and avoids mistakes we've seen in other jurisdictions where growth has outpaced infrastructure, resulting in higher costs for everyday residential customers" Dix told reporters Monday.

https://www.cbc.ca/news/canada/british-columbia/bc-ai-power-centres-9.6946054 ___

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