Hydro-Québec Signs Agreement with TransCanada Energy

subscribe

As a result of its first call for tenders in 2002 to purchase 1,200 MW of power, Hydro-Québec Distribution has signed an agreement with TransCanada Energy Limited. The agreement is for the supply of 507 MW of electricity, beginning in 2006, from a natural-gas cogeneration plant in Bécancour, near Trois-Rivières. The power produced by the plant will be purchased by Hydro-Québec Distribution and the steam will be sold to companies in the Bécancour industrial park.

Hydro-Québec Distribution has already secured agreements with Hydro- Québec Production for baseload deliveries of 350 MW and hourly dispatchable deliveries of 250 MW under the same call for tenders.

The agreements reached in this call for tenders have terms of 20 years and an average electricity price of about 6.1 cents per kWh in 2007, including transmission costs. Hydro-Québec Distribution will submit the agreements to the Régie de l'énergie for approval.

Current Calls for Tenders

In May, Hydro-Québec Distribution issued calls for tenders for 1,000 MW of wind power and 100 MW of biomass power (from plants with at least 75% biomass feedstock).

Information regarding Hydro-Québec Distribution's supply plan and the various calls for tenders is available at http://www.hydroquebec.com/distribution/en/marchequebecois/

Related News

Effort to make Philippines among best power grids in Asia

JIAN, CHINA - The National Grid Corp. of the Philippines (NGCP) is building on its partnership with State Grid Corp of China (SGCC) to expand and modernize transmission facilities, as well as enhance the capabilities of its personnel to advance the country's grid network. NGCP Internal Affairs Department head Edwin Natividad said the grid operator is implementing various development programs with SGCC to make the country's power grid among the best power utilities in Asia.

"We have to look at policies aligned with best global practices that we can choose in adopting in the Philippines too," he said. One of NGCP's flagship development program is the Trailblazers Program, the company's strategy to further develop engineers…

READ MORE
Emissions rise 2% in Australia

Emissions rise 2% in Australia amid increased pollution from electricity and transport

READ MORE

amazon renewable energy

Amazon launches new clean energy projects in US, UK

READ MORE

sdg&e

As peak wildfire season nears, SDG&E completes work on microgrid in Ramona

READ MORE

berlin powerlines

Nine EU countries oppose electricity market reforms as fix for energy price spike

READ MORE