Amendments to B.C. Greenhouse Gas Reduction Regulation (May 2021)

, and (b) by repealing subsection (3.8) and substituting the following: (3.8) The public utility acquires renewable natural gas (a) at costs that meet the following criteria, as applicable: (i) if the public utility acquires renewable natural gas by purchasing it, the price of the renewable natural gas does not exceed the maximum amount, determined in accordance with section 9, in effect in the fi. [...] 3 The following sections are added: Prescribed undertaking – hydrogen 6 A public utility’s undertaking that is in a class defined as follows is a prescribed undertaking for the purposes of section 18 of the Act: (a) the public utility (i) produces or purchases hydrogen that is distributed through the natural gas distribution system in British Columbia to the customers of that public utility or of. [...] (3) The costs of distribution described in subsection (2) (b) are limited to the costs of the construction and operation, at the site at which the synthesis gas is produced, of meters and pipelines associated with the undertaking. [...] (2) The costs of distribution described in subsection (1) (b) are limited to the costs of the construction and operation, at the site at which the lignin is produced, of meters and pipelines associated with the undertaking. [...] Maximum amount for costs 9 For the purposes of sections 2 (3.8) (a), 6 (c), 7 (2) (b) and 8 (1) (b), (a) the maximum amount in effect in the 2021/2022 fiscal year is $31 per GJ, and (b) for fiscal years subsequent to the 2021/2022 fiscal year, the maximum amount is calculated on April 1 of each year by multiplying (i) the maximum amount in effect in the immediately preceding fiscal year, and (ii).