MONTREAL — Quebec's power utility is planning to spend up to $185 billion over the next 12 years to increase capacity and reliability — and satisfy what it expects will be voracious demand for electricity from industry and electric cars.
The utility anticipates it will see demand rise by between 150 terawatt hours and 200 terawatt hours by 2050, around twice what Quebec consumes now — with 75 per cent of that increase coming from the replacement of fossil fuels by electricity.
Sabia estimates that the utility can generate an extra 3,800 megawatts and 4,200 megawatts of power —"enough to power every home in Montreal" — by building new hydro stations and by exploiting new technology, such as improved turbines, on existing facilities. Sabia said Hydro-Québec wants to evolve from simply compensating Indigenous communities, as it has in the past, toward a partnership model in which projects become a long-term source of revenue for First Nations.
Absent from the utility's plan is any mention of the Churchill Falls Generating Station, in Labrador. Since 1969, the 5,428-megawatt dam has generated $28 billion for Hydro-Québec while returning $2 billion to Newfoundland and Labrador. While Legault has said he wants to keep buying from the facility when the current deal expires in 2041, Newfoundland and Labrador Premier Andrew Furey has said Quebec will have to pay more for that privilege.
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Hydro-Québec to spend up to $185 billion to increase capacity, reliabilityMONTREAL — Quebec's public hydroelectric utility says it plans to spend up to $185 billion by 2035 to increase generating capacity and improve the reliability of its network.
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Hydro-Québec to spend up to $185 billion to increase capacity, reliabilityMONTREAL — Quebec's public hydroelectric utility says it plans to spend up to $185 billion by 2035 to increase generating capacity and improve the reliability of its network.
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