Hydro-Québec Projects Deficit That Could Force It to Rely on US and Other Provinces
Hydro-Québec has released a report suggesting it may need to import electricity from neighboring provinces or the United States within the next three years. The state-owned utility’s new supply plan for 2027—2041 projects an “extremely high” increase in the demand for energy in the coming years. The utility expects this demand could cause it to face energy deficits as early as 2029.
TL;DR
- Hydro-Québec projects a need to import electricity within three years.
- The new supply plan (2027-2041) forecasts an "extremely high" increase in energy demand.
- Potential energy deficits could occur as early as 2029.
- Quebec's electricity demand is expected to rise by over 30% (60 terawatt-hours) by 2041.
- Demand growth is attributed to transportation electrification, data centers, and building retrofits.
- Imports may come from neighboring provinces or the United States.