June 6, 2025, General news
Net income and investments increased more than 25% in the first quarter of 2025
A major interconnection project that will allow Hydro-Québec to increase its exports of electricity to New England has just taken a major step forward. Hydro-Québec and its partner, Eversource Energy, are pleased with the report published on July 21 by the US Department of Energy concerning the portion of the project located in New Hampshire.
The promoter of this part of the project is Northern Pass Transmission (NPT), a subsidiary of Eversource Energy, which is a major electric company in the region and Hydro-Québec's partner in the development of this electrical infrastructure project.
Hydro-Québec is confident that its partner will find appropriate solutions to address the comments put forth in the report. The publication of this report will allow Eversource Energy to begin a new phase of public consultation in New Hampshire. For more information about the report, please visit http://blog.northernpass.us/2015/07/21/northern-pass-statement-on-the-issuance-of-draft-environmental-impact-statement.
The launch of a request for proposals (RFP) by Massachusetts, Rhode Island and Connecticut for the delivery of clean energy represents significant business opportunities in New England. Hydro-Québec, which produces more than 99% of its energy from water, is preparing to participate in this RFP.
Taking into account these positive developments, Hydro-Québec is moving forward with this important interconnection project, an initiative that is part of its strategy for growth outside Québec.
Gary Sutherland
June 6, 2025, General news
Net income and investments increased more than 25% in the first quarter of 2025
June 4, 2025, Gaspésie–Îles-de-la-Madeleine
Concrete solutions to ensure the energy security of Îles-de-la-Madeleine
May 29, 2025, General news
Hydro-Québec – Issue of Debentures Due February 15, 2065 on the Canadian Market