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N.L., Quebec to make 'energy security' announcement Monday, amid reports of a deal
The provinces say talks have advanced on a new Churchill Falls arrangement that would expand hydro capacity and reshape power sharing for decades.
- On Monday, Newfoundland and Labrador Premier Tony Wakeham will host Quebec Premier Christine Fréchette in St. John's for an "energy and economic development announcement" attended by Quebec's energy minister Bernard Drainville and Hydro-Québec CEO Claudine Bouchard.
- The provinces are negotiating a new deal to replace the 1969 agreement governing the Churchill Falls generating station, which currently supplies about 15 per cent of Hydro-Québec's electricity and expires in 2041.
- Proposed terms include a 550-megawatt upgrade to Churchill Falls and a new 1,100-megawatt power house at Gull Island, with Hydro-Québec rates rising to 5.9 cents per kilowatt hour by 2075 from the current 0.2 cents.
- Quebec seeks 7,200 megawatts of capacity through this deal to meet growing demand and decarbonize its economy; Fréchette said talks had "accelerated" and gave her confidence "that we can sign something in the near future."
- Reports last week indicated the provinces reached an agreement after Premier Wakeham subjected a 2024 framework deal to independent review and returned to the bargaining table following his election last fall.
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Guelph Today
Guelph TodayCP Quebec and Newfoundland and Labrador reach energy agreement
ST. JOHN'S — Hydro utilities in Quebec and Newfoundland and Labrador have reached a non-binding agreement to share energy from Labrador, with help from the federal government.
·Collingwood, Canada
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New Churchill Falls power deal expected as Carney meets Quebec, NL premiers
A major energy announcement involving Quebec and Newfoundland and Labrador is expected in St. John's on Monday, amid reports that a new Churchill Falls electricity deal is close.Prime Minister Mark...
·Karachi, Pakistan
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Winnipeg Free Press+8 Reposted by 8 other sources
Carney to make announcement in St. John's with Quebec, N.L. premiers
OTTAWA - Prime Minister Mark Carney is set to make an announcement about energy security after reports that Quebec and Newfoundland and Labrador have reached a deal regarding Churchill Falls.
·Winnipeg, Canada
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Total News Sources52
Leaning Left25Leaning Right4Center15Last UpdatedBias Distribution57% Left
Bias Distribution
- 57% of the sources lean Left
57% Left
L 57%
C 34%
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