Hydro Ottawa purchases Chaudière Falls hydroelectric assets

Hydro Ottawa has completed the purchase, first announced in June 2012, of three hydroelectric plants and a 38.3 percent interest in the Ring Dam and remaining water rights at Chaudière Falls from Domtar Corporation for $46 million.

"This presents a tremendous opportunity for Ontario to add 21 megawatts of renewable run-of-the river hydro power, with the potential to expand that to more than 40 megawatts as we explore additional opportunities at this site," said Hydro Ottawa President and CEO Bryce Conrad.

"The Chaudière Falls generating stations have powered Ottawa's industrial expansion for over a century," said Ottawa Mayor Jim Watson. "What many people don't know is that Canada's oldest surviving hydroelectric facility still operates right here in the nation's capital."

Prior to the purchase, Hydro Ottawa already had over 100 years of experience operating hydroelectric plants at Chaudière Falls, where it owns and operates three plants, with Generating Station #2 originally built in 1891 and Generating Station #4 built in 1900. Both stations have been refurbished.

With the closing of the purchase of the three hydroelectric stations from Domtar, Hydro Ottawa's hydroelectric generating capacity will more than double to 38 megawatts, enabling the company to generate renewable energy for roughly 28,000 households.

Hydro Ottawa Holding Inc. Hydro Ottawa owns and operates two subsidiary companies, Hydro Ottawa Limited and Energy Ottawa Inc. Hydro Ottawa Limited is the third-largest municipally-owned electrical utility in Ontario.

Related News

alberta breaks record for electricity consumption

Alberta breaks summer electricity record, still far short of capacity

CALGARY - Consumer use hit 10,638 MW, blowing past a previous high of 10,520 MW set on July 9, 2015, said the Alberta Electric System Operator (AESO).

“We hit a new summer peak and it’s likely we’ll hit higher peaks as the week progresses,” said AESO  spokeswoman Tara De Weerd.

“We continue to have ample supply, our generators are very confident there aren’t any issues.”

That new peak was set at 4 p.m. but De Weerd said it was likely to be exceeded later in the day.

Heightened air conditioner use is normally a major driver of such peak electricity consumption, said De Weerd.

She…

READ MORE

Ontario utilities team up to warn customers about ongoing scams

READ MORE

manitoba hydro office

Manitoba Hydro's burgeoning debt surpasses $19 billion

READ MORE

Greening Ontario's electricity grid would cost $400 billion: report

READ MORE

trailers in medicine hat

Electricity deal clinches $100M bitcoin mining operation in Medicine Hat

READ MORE