Hydro Quebec plans $5 billion in wind power

Denny

This is a very ambitious plan for a utility with a customer base of 7 million. Actually a much greater investment per capita than the massive program now underway in Britain

From Report on Business

" Quebec, long a world leader in the generation of hydroelectric power, is now set to become one of the continent's biggest wind power developers.

Premier Jean Charest yesterday approved 15 bids for $5.5-billion in projects that would provide 2,004 megawatts by 2015, calling the development “the largest tender for wind-powered energy ever awarded in a single block in North America.” The wind projects would provide enough power to heat and light 320,000 Quebec homes.

Quebec's electricity exports have increased to 10.7 terawatt-hours this year from 6.7 terawatt-hours in 2005, generating an extra $1.1-billion in revenue.

The province aims to reduce overall energy consumption by 5.7 per cent by 2015, including cutting back on natural gas by 6.2 per cent and oil consumption by 10 per cent over the same period"

cipi604

they have plans to quadruple hidro-power in the near future Very Happy

Frank

Hydro-Quebec are also large supporters of PHEV's. Good strategy...