The regions along the river are the traditional home of theDane-zaa people, called the Beaver by the Europeans. Thefur traderPeter Pond is believed to have visited the river in 1785. In 1788 Charles Boyer of theNorth West Company established afur trading post at the river's junction with theBoyer River.
In 1792 and 1793, the explorerAlexander Mackenzie travelled up the river to theContinental Divide.[4] Mackenzie referred to the river asUnjegah, from the Dane-zaa meaning "large river."
The decades of hostilities between the Dane-zaa and theCree, (in which the Cree dominated the Dane-zaa), ended in 1781 when asmallpox epidemic decimated the Cree. The Treaty of the Peace was celebrated by the smoking of aceremonial pipe. The treaty made the Peace River a border, with the Dane-zaa to the North and the Cree to the South.[5]
In 1794, a fur trading post was built on the Peace River atFort St. John; it was the first European settlement established on the British Columbia mainland.
The rich soils of the Peace River valley in Alberta have been producingwheat crops since the late 19th century. In the early 21st century, theBC Grain Producers Association was researching the productivity of wheat and other grain crops nearDawson Creek.[6] The Peace River region is also an important centre ofoil andnatural gas production. There are alsopulp and paper plants along the river in Alberta and British Columbia.
TheGrenfell was one of the vessels that shipped cargo on the Peace River.
Hydroelectric development began on the Peace River in 1968 and continues to be an important source of renewable energy for British Columbia's main electricity provider,BC Hydro. The river’s first dam, theW. A. C. Bennett Dam, was completed in 1968 and is British Columbia's largest dam and the third-largest hydroelectric facility in Canada. It supplies over 30% of British Columbia's total power demand. Engineers took advantage of the W. A. C. Bennet Dam's large reservoir storage to further develop the river with thePeace Canyon Dam opened in 1980.[8] TheSite C dam is under construction and scheduled to be finished in 2025; it will further benefit from the upstream dams and generate additional electrical capacity to meet British Columbia's growing demand for green energy and reduce the carbon footprint of residents.[9] As of 2020[update] both the Alberta government and private producers were studying the possibility of hydroelectric development on the Alberta stretch of the river with onerun-of-the-river project currently being proposed.[10]
Existing and proposed dams on Peace River listed in downstream order
This river is 1,923 kilometres (1,195 mi) long (from the head ofFinlay River to Lake Athabasca). It drains an area of approximately 302,500 square kilometres (116,800 sq mi).[11] At Peace Point, where it drains in theSlave River, it has an annual discharge of 68.2 billion cubic metres (55.3 million acre-feet).[12]
The only river cutting completely through the Rockies,[13][14] it nowadays flows into Dinosaur Lake, a reservoir for thePeace Canyon Dam. After the dams, the river flows east into Alberta and then continues north and east into thePeace-Athabasca Delta inWood Buffalo National Park, at the western end of Lake Athabasca. Water from the delta flows into the Slave River east of Peace Point and reaches theArctic Ocean via theGreat Slave Lake andMackenzie River.
^Edward L. Affleck."Steamboating on the Peace River"(PDF).British Columbia History. Archived fromthe original(PDF) on 2013-09-21. Retrieved2012-12-06.The brothers built a fleet of small primitive steamers, extending by 1903 to the waters of the Peace above the Vermilion Chutes. In that year the pint—sized sternwheeler St. Charles began to work the 526 mile stretch from Fort Vermilion to Hudson's Hope, carrying lumber and supplies for the Mission at Fort St. John in British Columbia, as well as goods for the Northwest Mounted Police.