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Hydro-Québec maintains plan to boost rates for data centres despite court ruling
Hydro-Québec says the increases would apply to data centres and cryptocurrency miners after judges ruled the government could not impose the rates.
- On Thursday, Hydro Quebec pressed the province's energy regulator to approve higher electricity rates for data centers and cryptocurrency mining projects despite a recent court ruling.
- Quebec Superior Court Justice Oral ruled on Monday that the provincial government overstepped when it published decrees supporting the rate increases. The judge wrote that while government can express concerns to the regulator, it cannot impose an outcome.
- Hydro Quebec says it maintains its request to hike rates for data centers and cryptocurrency miners, believing the adjustment would be positive for the province. The utility continues seeking approval despite the court decision.
- The ruling clarifies that the energy regulator holds independent authority to decide on electricity rates. Government decrees cannot mandate specific outcomes for the utility's proposed pricing changes.
- With government decrees now invalidated, the energy regulator must independently evaluate Hydro Quebec's request for higher rates affecting data centers and cryptocurrency operations. Future pricing decisions remain subject to this regulatory process.
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11 Articles
11 Articles
The Toronto Star+10 Reposted by 10 other sources
Hydro-Québec maintains plan to boost rates for data centres despite court ruling
MONTREAL - Hydro-Québec says it will continue seeking higher electricity rates for data centres and cryptocurrency miners after a court decision struck down governmental decrees that supported the plan.
·Toronto, Canada
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Total News Sources11
Leaning Left6Leaning Right0Center1Last UpdatedBias Distribution86% Left
Bias Distribution
- 86% of the sources lean Left
86% Left
L 86%
14%
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