Hydro-Québec

Canadian hydroelectric utility

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2024 Gazar et al. published research analyzing causal relationships between cross-border transmission capacity, hydroelectric generation, and energy demand in northeastern North America using Bayesian network analysis.
December 2024 Newfoundland premier Andrew Furey and Quebec premier François Legault signed a 50-year Memorandum of Understanding to terminate the original Churchill Falls electricity contract, potentially raising rates by 2,850%.
2023 Energy sold by Hydro-Québec was almost exclusively from renewable sources, with hydro power accounting for 98.53% of total energy generation.
2023 Hydro-Québec paid 2.47 billion dollars in dividends to its sole shareholder, the Government of Quebec, demonstrating its financial strength and contribution to provincial revenue.
August 1 2023 Michael Sabia becomes the sixteenth president of Hydro-Québec.
2022 Acquired Great River Hydro, LLC through its US subsidiary HQI US Holding for US$2.2 billion.
2022 Commissioned the Romaine-4 powerhouse with 245 MW capacity.
October 2020 Innu Nation filed a $4 billion compensation claim against Hydro-Québec for damages caused by the Churchill Falls Generating Station.
April 1 2020 Sophie Brochu is appointed as the fifteenth president of Hydro-Québec.
2018 Hydro-Québec gained attention from Bitcoin miners following the cryptocurrency mining crackdown in China, leveraging the province's energy surplus of 10 Terawatt hours per year.
2017 Hydro-Québec's net export revenues reached $1,651 million, with 34.4 TWh of electricity exported to New England (53%), New York (23%), Ontario (13%), and other markets (5%).
2017 Commissioned the Romaine-3 powerhouse with 395 MW capacity.
2016 Hydro-Québec and IESO signed a new long-term agreement for electricity exchange, running from 2017 to 2023, which included sending 2 TWh per year to Ontario and receiving winter peak capacity from Ontario.
2015 Hydro-Québec and the Ontario Independent Electricity System Operator (IESO) signed a 500-MW seasonal capacity sharing agreement to address seasonal energy capacity differences between Quebec and Ontario.
2015 Commissioned the Romaine-1 powerhouse with 270 MW capacity.
June 3 2015 Éric Martel becomes the fourteenth president of Hydro-Québec.
2014 Beginning of planned annual rate increases of 3.7% to reflect heritage pool electricity increase, continuing until 2018.
2014 Commissioned the Romaine-2 powerhouse with 640 MW capacity.
2013 The Electric Circuit installed its first 400V fast charger, expanding the electric vehicle charging infrastructure.
2013 Commissioned the La Sarcelle powerhouse with 150 MW capacity.
December 31 2013 Hydro-Québec Production owned and operated 61 hydro plants, including 12 with over 1,000 MW capacity and 26 major reservoirs.
2012 Régie de l'énergie ordered a second consecutive rate rollback of 0.5%.
2012 Commissioned the Bernard-Landry powerhouse with 768 MW capacity.
December 28 2012 Gentilly nuclear generating station permanently shut down, closing the company's nuclear power generation facility.
March 2012 Hydro-Québec launched 'The Electric Circuit', deploying the first 30 electric vehicle charging stations in Quebec.
2011 Régie de l'énergie ordered a rate rollback of 0.4%.
April 2011 The Quebec government published a plan to encourage electric vehicle adoption, setting a target of 25% electric car sales by 2020 and tasking Hydro-Québec with developing public charging infrastructure strategy.
March 2011 Tracy Thermal Generating Station, a heavy fuel oil-fired plant, was shut down.
2010 Quebec budget announced a gradual increase of heritage pool electricity to be implemented in subsequent years.
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, with a price smoothing mechanism to protect customers from market price fluctuations.

This contents of the box above is based on material from the Wikipedia article Hydro-Québec, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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