Hydro-Québec Accepts Seven Projects Totaling Nearly 1,150 MW of Wind Power

March 24, 2023

Hydro-Québec has accepted seven bids for a total of 1,303.36 megawatts (MW) of installed capacity under the two calls for tenders launched on December 13, 2021. One of the calls for tenders was for a block of 480 MW from renewable energy sources and the other one was for a block of 300 MW generated from wind power. The selected projects will help meet Québec’s growing demand for electricity.

Energy deliveries must begin no later than December 1, 2026.

The accepted bids are distributed as follows:

  • Five bids in the call for tenders for the acquisition of 480 MW of power output from renewable sources, totaling 495.2 MW, i.e., nearly 1,000 MW of installed capacity overall.
  • Two bids in the call for tenders for the acquisition of 300 MW generated from wind power, totaling 302.32 MW of installed capacity.

The average price of the accepted bids is 6.1¢/kWh (in 2022 dollars). This price does not include transmission or balancing.

Over the coming weeks, Hydro-Québec will finalize contracts with the project proponents. The contracts will then be submitted to the Régie de l’énergie for approval. The selected proponents will be responsible for obtaining all the approvals and permits needed to build the facilities prior to the start of work.

From the beginning of the call for tenders, Hydro-Québec has worked with Raymond Chabot Grant Thornton & Cie regarding the application of the tendering process, the awarding of power purchase agreements and bid evaluation.

List of accepted bids:
Locations of production facilities.

Information regarding the calls for tenders launched by Hydro-Québec in its electricity distribution activities is provided on the following website: https://www.hydroquebec.com/achats-electricite-quebec/.

Quotes

“We want to quadruple our wind power capacity over the next 15 years to ensure our energy supply. The projects selected will be carried out in collaboration with local and Indigenous communities. These new capacities will allow us to continue our efforts to decarbonize our economy while developing strategic subsidiaries,” noted Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister Responsible for Regional Economic Development, and Minister Responsible for the Metropolis and the Montréal Region.

“The energy transition will lead to a continuously rising demand for electricity. As indicated in our latest supply plan, we anticipate Québec’s energy demand to increase by 25 terawatthours (TWh), or 14%, by 2032. The projects selected under these calls for tenders will help meet this demand,” added Dave Rhéaume, Vice President – Integrated Energy Needs Planning and Risk Management at Hydro-Québec.

Source

Related Articles


Latest Articles


Changing Scene

  • Have your Say on the Proposed Regulations for the NWT Builders’ Lien Act

    Have your Say on the Proposed Regulations for the NWT Builders’ Lien Act

    February 14, 2025 The GNWT is modernizing the legal framework for construction liens. In 2023, the Builders’ Lien Act was enacted to replace the Mechanics Lien Act. The new legislation was put in place to address modern construction practices. It sets out the legal processes, systems, rights, and remedies for parties involved in construction disputes.  The GNWT… Read More…

  • Federal Government Investing in Skilled Trades Training for Atlantic Canada

    Federal Government Investing in Skilled Trades Training for Atlantic Canada

    February 14, 2025 Canada is building more homes, bridges and key infrastructure than at any point in recent history. That requires skilled workers in communities across the country, including in the Atlantic provinces. To encourage more people to join the skilled trades, to build the homes Canadians expect and the resilient economy this moment demands,… Read More…

  • Nova Scotia Power Holding Open Houses to Discuss Modernizing the Electrical Inspections Process

    Nova Scotia Power Holding Open Houses to Discuss Modernizing the Electrical Inspections Process

    February 14, 2025 As Nova Scotia continues to experience unprecedented building growth, it’s the perfect time to review and improve the electrical inspection process—with safety as the top priority. Nova Scotia Power and the Department of Labour, Skills, and Immigration are coming together to explore new opportunities—including risk-based electrical inspections—to ensure the process remains safe,… Read More…

  • Alberta EV Tax Begins February 13th

    Alberta EV Tax Begins February 13th

    February 14, 2025 Starting Thursday, Feb. 13, Albertans will be charged a $200 tax when they register their electric vehicles. This amount is in line with what drivers of a typical internal combustion engine vehicle would be expected to pay each year in fuel tax. The tax will be collected by registry agents, and online… Read More…