Hydro-Québec Signs Agreement with TransCanada Energy
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

U.S. Announces $28 Million To Advance And Deploy Hydropower Technology
WASHINGTON - The U.S. Department of Energy (DOE) today announced more than $28 million across three funding opportunities to support research and development projects that will advance and preserve hydropower as a critical source of clean energy. Funded through President Biden’s Bipartisan Infrastructure Law, this funding will support the expansion of low-impact hydropower (such as retrofits for dams that do not produce power) and pumped storage hydropower, the development of new pumped storage hydropower facilities, and engagement with key voices on issues like hydropower fleet modernization, sustainability, and environmental impacts. President Biden’s Inflation Reduction Act also includes a standalone tax…