Hydro-Québec says it will pay about six cents per kilowatt-hour for the new supply, roughly one-third the cost of alternative sources
After decades of frustration over the 1969 Churchill Falls contract, the province says it has finally secured a new deal designed to deliver far greater value from Labrador’s hydroelectric resources. The original agreement allowed Quebec to purchase Churchill Falls power at extremely low rates and resell much of that electricity for enormous profits. That contract […]
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