Etiket: Hydro
Develop hybrid production from Quebec hydro reservoirs
The recent agreement between Hydro-Québec and the Innus of the North Shore could open the door to new hydroelectric and wind projects, which would add to the opening up of…
Caisse de dépôt 2023 results | La Caisse and Hydro, two partners in the making
The Caisse de dépôt’s infrastructure portfolio performed again well in 2023 thanks in particular to the sustained contribution of its assets in renewable and transition energies. It should therefore come…
Wind: Hydro has relaxed its Quebec content and social acceptability criteria
To move faster in the construction of wind farms, Hydro-Québec relaxed, last year, two selection criteria that were previously considered essential: social acceptability and Quebec content. • Read also: Battery…
Privatization of Hydro would harm Quebec’s independence, believes Blanchet
The leader of the Bloc Québécois, Yves-François Blanchet, said he was “a little” reassured by the words of François Legault according to which “there is no question” of privatizing the…
Snowstorm | More than 28,000 Hydro customers still in the dark
(Montreal) The first real snowstorm to hit southern Quebec at the end of the year ultimately left more than 30 centimeters in certain areas between Sunday and Monday, notably on…
100 billion investment plan | Hydro profits could plummet, warns Fitzgibbon
(Quebec) Hydro-Québec’s 100 billion investment plan to double its production capacity will be expensive, admits Energy Minister Pierre Fitzgibbon. Two solutions are available to him: make businesses and businesses pay,…
Significant Hydro Rate Increases | “We will never do that,” says Legault
(Quebec) François Legault undertakes to “never” increase electricity rates beyond inflation or a ceiling of 3% and could enshrine it in law. He was reacting to the broadcast of a…
Contract with New York State | A gold mine for Hydro
Hydro-Québec’s contract with the State of New York will not only be profitable. It will be extremely profitable. Posted at 5:00 a.m. Vincent Brousseau-Pouliot The Press According to our information,…
Severe thunderstorms | 85% of outages restored by Friday evening, says Hydro
(Montreal) Hydro-Quebec expects to have restored power to 85% of homes without electricity due to the thunderstorm on Thursday evening. The others might have to wait until Saturday or even…
Big pay rise for Michael Sabia, who will earn $639,000 a year at Hydro
For his five-year term beginning on 1er August, the new CEO of Hydro-Québec will be paid $639,000 per year, in addition to bonuses linked to his performance. That’s nearly double…
Without a real big boss at Hydro, we sail blindly
Sophie Brochu officially left her position as CEO of Hydro-Québec this week. And three months after the announcement of his departure, the government of François Legault has not yet found…
Still no green light from Hydro after more than 2 years for QScale
Data center developer QScale, in which the Quebec government has invested $95 million in loans and shares, has been waiting for more than two years for a green light from…
Fitzgibbon won’t grant all hydro companies’ wishes
Pierre Fitzgibbon assures that he will be “parsimonious” in granting electricity to companies wishing to feed on the Hydro-Québec network. Of the 23,000 megawatts (MW) of requests for hydroelectricity, at…
Late December storm cost Hydro Quebec $55 million
It was not just the snow that fell in abundance during the Christmas winter storm: the bill from Hydro-Québec, whose employees worked tirelessly for days to restore power to hundreds…
Hydro One appoints new CEO
(Toronto) Hydro One announced Tuesday that David Lebeter has been named president and chief executive officer of the company. Posted at 10:50 a.m. Mr. Lebeter previously held the position of…
Around 6,000 Hydro customers are without power a week after the storm
The number of Hydro-Quebec customers who were without power dropped by more than 5,000 on Thursday, but the utility admits it doesn’t know when another 6,000 residential customers will be…
Aluminum smelter | The shortfall is 1.4 billion for Hydro
We agree, the stakes are high. Not only do aluminum smelters pay virtually no taxes here, but they can also emit greenhouse gases without paying any compensation. Hence the importance…
Québec solidaire calls for a freeze on several public rates, including those of Hydro, tuition and childcare services
To help Quebecers get through the “historic crisis” of inflation, Québec solidaire (QS) on Wednesday asked for the freezing of state rates such as Hydro-Québec or childcare services. “Who at…
Hydro employee accused of espionage | “This kind of thing really affects the relationship between the two countries”
An association dedicated to promoting friendship between Canada and China promised on Tuesday to fight for the release of the Hydro-Quebec employee accused of espionage, as it had fought for…
Purchase of Great River Hydro | At first tempted, Innergex preferred to pass
Innergex considered teaming up with Hydro-Québec to make the largest acquisition in the history of the state-owned company, but the bite was too big for the Longueuil company, which decided…