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B.C. Moves to Fast-Track $6 Billion North Coast Line, Ban New Crypto Mining, and Cap AI Power

The plan shifts grid priority to resource projects to protect ratepayers as demand rises.

Overview

  • Bill 31 would replace first-come, first-served industrial hookups with a criteria-based system that prioritizes projects with stronger economic benefits such as mining, LNG and manufacturing.
  • The legislation makes permanent a ban on new cryptocurrency-mining connections to BC Hydro, while allowing existing contracted operations to continue.
  • AI and data centres would face a competitive allocation capped at 300 megawatts for AI and 100 megawatts for data centres every two years, with rules due in November and the first call set for January 2026.
  • The North Coast Transmission Line’s first two phases are now estimated at about $6 billion for the 450‑kilometre Prince George–Terrace corridor, with construction expected to begin by summer 2026.
  • The province is directing the B.C. Utilities Commission to issue a certificate to shorten approvals and is enabling potential equity partnerships with First Nations, with future northern extensions under discussion.