Cold Water Release Methods
Recipient: Fraser Basin Council (NWC)
Sectors: Business Development
Strategy: Tourism-Recreational Infrastructure
Description: The Nechako Watershed Council (NWC) has been working since 1998 to resolve some of the watershed issues created by the Kenney Dam. One of the initiatives they are taking the lead on is the Cold Water Release Facility. The NWC recognized the complex environmental and economic assessments required for such a project and asked NKDF and the Northern Development Commission to share the costs of the first step: getting expert advice on what assessment methodology should be used. Economist Gary Holman was contracted and completed the report. The resulting product is being used to define the methodology of the next step, which is to do a systematic "Assessment and Evaluation of the Benefits of Cold Water Release." That 'AEB' document will be used in turn to raise $50 million of the estimated $100 million project costs ($50 million has already been committed by Alcan).