[8] Local cooperatives were created to bring power to rural areas. This table excludes 24 thermal and 1 hydroelectric plant owned and operated by Hydro-Québec Distribution. For the first six months of 2020, Hydro-Québec posted net income of $1,605 million, a $433-million decrease compared to the $2,038 million recorded a year earlier. [65] According to Jim Robb, a senior executive from Northeast Utilities, New England could meet one third of its Regional Greenhouse Gas Initiative commitments with the hydropower coming through this new power line alone. [139], Hydro Quebec gained attention with Bitcoin miners in 2018 after the crackdown on mining in China. [30] A Léger Marketing poll conducted in November 2008 found that a majority of Quebec respondents (53%) were opposed to his proposal to sell 7.5% of the company's equity to Quebec citizens and businesses, while 38% were in favor. The March 1989 geomagnetic storm tripped circuit breakers on the transmission network causing a nine-hour Quebec-wide blackout. ANDRITZ HYDRO [106], Some native communities, particularly the Crees, have come to a point "where they increasingly resemble the industrialized society of the South", notes an Hydro-Québec report summarizing the research conducted in the area between 1970 and 2000. The company employs 250 professionals and managers in the environmental field and has implemented an ISO 14001-certified environmental management system.[111]. The corporation has 15 interconnections to neighboring markets. ", "TM4 partners with Tata Motors and Miljø in electric vehicle demonstration project", "The Romaine Hydroelectric Complex - Premier Charest launches largest construction project in Canada", "Projet du complexe de la Romaine. Per jaareinde 2019 had het bedrijf 62 waterkrachtcentrales met een totale capaciteit van 36.700 MW. [43] These plants provide the bulk of electricity generated and sold by the company. [91], During the next 25 years, Hydro-Québec was particularly active abroad with investments in electricity transmission networks and generation: Transelec in Chile,[92] the Cross Sound Cable in the United States,[51] the Consorcio Transmantaro in Peru, Hidroelectrica Rio Lajas in Costa Rica, Murraylink in Australia and the Fortuna generating station in Panama. It was also given the mandate to export power and to work in any energy-related field.[16]. This process may be used for properties of significant value that Hydro-Québec no longer needs for its operations. [97], Hydro-Québec gradually withdrew from the international business between 2003 and 2006, and sold off all of its foreign investments for a profit. On March 11, 2010, Vermont's two largest utilities, Green Mountain Power and Central Vermont Public Service, entered into a tentative 26-year deal with Hydro-Québec to purchase up to 225 MW of hydro power from 2012 to 2038. [138], This argument is disputed by large industrial customers, who point out that data from 2000 to 2006 indicate that electricity exports prices get lower when quantities increase, and vice versa. ANDRITZ Hydro is one of the globally leading suppliers of electromechanical equipment and services for hydropower plants. In an article published in 2008, the researchers estimate that, under the current regime, a job in a new aluminum smelter or an expansion project costs the province between C$255,357 and C$729,653 a year, when taking into consideration the money that could be made by selling the excess electricity on the New York market. Hydro (96.78%) is by far the largest source, followed by wind (2.16%) and biomass, biogas and waste (0.75%). [38][39], Hydro-Québec sources of energy supply (2013)[40]. Exposure risks can be mitigated without overly reducing the consumption of fish, simply by avoiding certain species and fishing spots. 1953. Additionally, as laid out in its 2016–2020 Strategic Plan, the company is constantly on the lookout for international investment opportunities, whether acquisitions of stocks, equity stakes, interests or long-term partnerships. The proposed transmission line could be in operation in 2015. Hydro-Quebec provides utility services. [46] Hydro-Québec's average generation cost was 2.11 cents per kWh in 2011. [76], In the last 20 years, the institute has also conducted research and development work towards the electrification of ground transportation. Het opgesteld vermogen is ruim 37.000 MW en het bedrijf telt ruim 4 miljoen klanten. The Eastmain-1-A and Sarcelle powerhouses and Rupert River diversion project were completed at a cost of $5,000 million CAD. 75, René-Lévesque W. 19th floorMontréal (Quebec) H2Z 1A4 Canada, Contacts reserved exclusivelyfor the media514 289-5005 When Hydro-Québec no longer needs a building or piece of property, the asset may be sold. All rights reserved. Hydro-Québec has created separate business units dealing with the generation, transmission, distribution and construction. [89] The call for further development of hydroelectric and other renewable generating capacity has been implemented in the company's 2009-2013 strategic plan, released on July 30, 2009. Since the early 1970s, Hydro-Québec has been aware of the environmental externalities of its operations. The hydroelectric developments of the last quarter of the 20th century have accelerated the settling process among Aboriginal populations that started in the 1950s. Vanaf 2009 wordt er gewerkt aan de bouw van vier waterkrachtcentrales in de Romaine. Non-hydro plants included the baseload 675-MW gross Gentilly nuclear generating station, a CANDU-design reactor which was permanently shut down on December 28, 2012[44] the 660-MW Tracy Thermal Generating Station, a heavy fuel oil-fired plant shutdown in March 2011[45] and two gas turbine peaker plants, for a total installed capacity of 36,971 MW in 2011. Later kwam nog Gentilly-2 in gebruik, een CANDU-reactor met een vermogen van 675 MW. The population of migratory species of interest such as the caribou have even increased to the point where the hunt has been expanded. [74], Another research centre, the Laboratoire des technologies de l'énergie (LTE) in Shawinigan, was opened in 1988[75] to adapt and develop new products while helping industrial customers improve their energy efficiency. [60], In 2011, TransÉnergie invested C$1.3 billion in capital expenditures, including C$460 million to expand its network. [148][149], Although most export sales are now short-term transactions, Hydro-Québec has entered into long-term export contracts in the past. Verder beschikte het over 24 centrales die gestookt worden met fossiele brandstoffen met een gezamenlijke capaciteit van 543 MW. The liberal government has repeatedly stated that Hydro-Québec is not for sale. [87] The plants are scheduled to be built and commissioned between 2014 and 2020. The publicly listed group today has around 27,800 employees and more than 280 locations in over 40 countries. Closing dates and contact information are indicated in the RFP document. The lease is based on the market value and must comply with the following principles: In the interest of transparency and fairness, Hydro-Québec may dispose of property through requests for proposals (RFPs). The new government gave Hydro-Québec an exclusive mandate to develop new sites. [118], This preference for electric heating makes electricity demand more unpredictable, but offers some environmental benefits. TransÉnergie manages the flow of energy on the Quebec network and ensures non-discriminatory access to all participants involved in the wholesale market. Hydro-Québec generates, transmits and distributes electricity. [101] Gross GHG emissions of reservoirs in the James Bay area fluctuate around 30,000 tonnes of CO2 equivalent per TWh of generated power. Hydro-Québec has made significant investments in research and development over the past 40 years. [37], Left-wing academics, such as UQAM's Léo-Paul Lauzon and Gabriel Sainte-Marie, have claimed that privatization would be done at the expense of residential customers, who would pay much higher rates. En bref", "Une autre rivière à harnacher dans la mire de Jean Charest", "Transelec Chile: Hydro-Québec sells its stake for C$1.7 billion", "Hydro-Québec International Sells its Stake in Meiya Power Company Limited of China for US$84.6 Million", "Greenhouse Gas Emissions and Hydroelectric Reservoirs", "Our Integrated Approach: Defining Sustainable Development", "Adhering to the Global Reporting Initiative (GRI) Guidelines: Summary", "Fitch Rates Hydro-Quebec's US$3B Medium-Term Note Program 'AA-'; Outlook Stable", "Pas de hausse de tarifs pour Hydro l'an prochain", "Hydro-Québec ordered to roll back its rates", "Factors that Influence your Consumption", "Inventaire québécois des émissions de gaz à effet de serre en 2006 et évolution depuis 1990", "Quebec hits all-time high for power consumption during cold snap", "Vague de froid: Hydro prévoit une pointe de consommation historique", "Froid sibérien - Le réseau d'Hydro poussé à son extrême limite", "Rate D – Domestic rate (residential and farms)", "La Régie de l'énergie rend sa décision relative à la demande de modifier les tarifs d'Hydro-Québec dans ses activités de distribution, en appliquant une hausse tarifaire de 1,2 % à compter du 1er avril 2009", "Equalized Payments Plan and Authorized Payment", "HQD-12, Document 6 – Rapport final du Projet Tarifaire Heure Juste", "Electric Light & Power 2010 Utility of the Year: Hydro-Quebec", "Rapport annuel 2010: HQD-10, document 2 - Historique des ventes, des produits des ventes, des abonnements et de la consommation", "Les alumineries coûtent cher à Hydro-Québec : plus de 3 milliards $", "Le projet d'acquisition d'Alcan par Rio Tinto respecte les accords qui lient Alcan et le gouvernement du Québec", "Alcoa et Hydro-Québec ont renouvelé des ententes jusqu'en 2040", "Chinese bitcoin miners eye sites in energy-rich Canada", "Hydro-Québec: North America's leading provider of clean energy", "Governor, Premier announce preliminary Vermont-Hydro-Québec agreement", "Le souci constant de l'environnement chez Hydro-Québec", "De la Montreal Light, Heat and Power à Hydro-Québec", "Power Contract Between the Quebec Hydroelectric Commission and the Churchill Falls (Labrador) Corporation", "Coût économique de l'électricité vendue aux nouvelles alumineries", "Le coût d'abandonner le projet Grande-Baleine", "Politique hydro-électrique et développement régional", "The Role of Hydro Quebec in the Rise of Consulting Engineering in Montreal 1944-1992: An essay in oral history and company genealogy", "Net Greenhouse Gas Emissions at Eastmain 1 Reservoir, Quebec, Canada", https://en.wikipedia.org/w/index.php?title=Hydro-Québec&oldid=986829415, Electric power distribution network operators, Electric power transmission system operators in Canada, Non-renewable resource companies established in 1944, Articles with dead external links from April 2017, Articles with permanently dead external links, Articles with dead external links from September 2017, Articles with dead external links from November 2017, Wikipedia articles with SUDOC identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Manicougan-Outardes Project, a 7-dam hydroelectric complex including the, This page was last edited on 3 November 2020, at 07:27.

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