Ben Graham Steps Down as Manitoba Hydro Board Chair
Ben Graham has stepped down from his role as chair of the Manitoba Hydro Board of Directors after just two years in office. His resignation comes shortly after his appointment by Manitoba’s NDP government in December 2021.
Background on Ben Graham’s Tenure
Scott Powell, the communications director for Manitoba Hydro, expressed the organization’s sadness at Graham’s departure. He acknowledged Graham’s contributions in leading the utility through strategic transformations, citing his business insight and charm as key assets.
Before joining Manitoba Hydro, Graham held prominent positions as the CEO of Manitoba Public Insurance and as head of Manitoba Blue Cross. He replaced Edward Kennedy, who led during a period marked by plans to significantly increase the utility’s generating capacity.
Hydro’s Energy Roadmap
Ben Graham became chair amid an ambitious “roadmap” initiated by the previous Progressive Conservative government. This plan aimed to nearly triple Manitoba Hydro’s capacity from the existing 6,100 megawatts within 25 years. However, this strategy included a continued reliance on natural gas, conflicting with the NDP government’s commitment to phase out fossil fuels.
Future Plans and Challenges
Since his resignation, Manitoba Hydro has outlined a new plan to boost generating capacity by 900 megawatts. This plan encompasses:
- Construction of a 750-megawatt gas turbine project in Brandon
- Partnerships with Indigenous-led companies to develop 600 megawatts of wind power
Despite these initiatives, Manitoba Hydro faces significant financial challenges. The utility must address a staggering $35 billion in infrastructure replacements, including aging transmission lines and hydro-electric stations. Additionally, Hydro currently operates with $25 billion in debt.
Government Intervention and Criticism
This year, the NDP government has restricted Hydro from increasing rates, which critics argue could lead to larger hikes in the future. Byron Williams, a lawyer representing the Consumers Coalition, remarked on Graham’s service, noting that his leadership was characterized by a desire to innovate and make principled decisions.
Manitoba Finance Minister Adrien Sala recognized Graham’s efforts in enhancing energy reliability and affordability. As of now, Manitoba Hydro has not announced a successor for Graham’s chair position.
