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Record Drought Forces Hydro-Québec to Buy More Electricity, Cutting Profit

Summary by CTV News
Hydro-Québec spent more on electricity imports this summer to conserve water in its reservoirs during a record-breaking drought.

8 Articles

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+2 Reposted by 2 other sources
Lean Left

Faced with low water levels, Hydro-Québec continued to increase its electricity purchases outside the province in 2026.

·Montreal, Canada
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Lean Left

Hydro-Québec spent more on importing electricity this summer to preserve water in its reservoirs during a record period of drought.

·Montreal, Canada
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Center

MONTREAL — A record period of drought forced Hydro-Québec to buy more electricity this summer in order to preserve water in its reservoirs. The Crown Corporation spent $312 million more than last year for this purpose during the third quarter, according to its financial results published Friday afternoon. Its net profit has all of [...]

Hydro-Québec's water reserves have been at their lowest since 2014. The state-owned company must therefore continue to import electricity... Cet article Le ci figure du jour: 2014 est apparu en premier sur Le Carrefour de Québec.

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  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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Le Carrefour de Québec broke the news on Thursday, November 12, 2026.
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