Toronto Hydro Telecom sale is official
The Corporation is a holding company which through its wholly-owned subsidiaries:
- Toronto Hydro-Electric System Limited ("LDC") - distributes electricity and engages in Conservation and Demand Management activities; and
- Toronto Hydro Energy Services Inc. - provides street lighting and expressway lighting services, and energy efficiency products and services.
The principal business of the Corporation and its subsidiaries is the distribution of electricity by LDC. LDC owns and operates an electricity distribution system that delivers electricity to approximately 683,000 customers located in the City of Toronto.
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BC Hydro cryptic about crypto mining electricity use
VANCOUVER - In its Nov. 1, 2022 load update briefing note to senior executives of the Crown corporation, BC Hydro shows that the entire large industrial sector accounted for 6,591 gigawatt-hours during the period – one percent less than forecast in the service plan.
BC Hydro censored load statistics about crypto mining, coal mining and chemicals from the briefing note, which was obtained under the freedom of information law because it feared that disclosure would harm Crown corporation finances and third-party business interests.
Crypto mining requires high-powered computers to run and be cooled around the clock constantly. So much so that cabinet…
