Hydro-Québec could be forced to rely on U.S. and other provinces, according to supply plan
- On Tuesday, Hydro-Québec released a report suggesting it may need to import electricity from neighbouring provinces or the United States within the next three years.
- The state-owned utility projects an "extremely high" increase in demand of over 30 per cent by 2041, driven by transportation electrification, data centres, and building retrofits.
- Hydro-Québec expects energy deficits as early as 2029, with Dave Rhéaume, executive vice president of energy strategy, stating "We need the new generation assets to come online."
- Meeting these needs will require "unprecedented" investments, as the utility manages reservoirs cautiously following three years of exceptionally dry weather across Quebec.
- The Carney administration intends to revive Canada's nuclear industry, though deployment of next-generation projects remains in early stages from Statement #11 and #12.
26 Articles
26 Articles
The state-owned company is slowing down its pace of development somewhat.
Hydro-Québec projects net electricity imports of 5 TWh annually by 2029
Hydro-Québec has formally submitted its 2027-2041 Supply Plan to the Régie de l'énergie, signaling a structural deceleration in its historical pace of hydropower expansion while simultaneously acknowledging a growing structural dependency on imported electricity. The core material shift in this plan is not a reduction in total energy needs, but a fundamental reordering of the supply chain: the utility projects that its domestic generation capaci…
Hydro-Québec shares overview of energy resources in new report
Hydro-Québec has shared a new report, Overview of Hydro-Québec’s Energy Resources, that outlines the projects and measures needed to meet the province’s growing electricity needs over a 15-year period. The report is part of the utility’s Electricity Supply Plan 2027-2041, and has been submitted to the Régie de l’énergie. The report outlines that by 2041, electrification of transportation and increased energy demand from the industrial sector wil…
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