Provincial Crown utility
Appears in 3 stories
Buyer under both the old and new contracts
For 57 years, Newfoundland and Labrador sold the power from one of the world's largest hydro plants to Quebec for about 0.2 cents a kilowatt-hour. Quebec resold much of it for roughly 50 times that. On August 17, 2026, the two provinces signed a deal to end that arrangement.
Updated 2 hours ago
Power supplier under 20-year contract
New England has paid some of the highest electricity prices in the country for decades, hostage to constrained natural gas pipelines that spike costs every winter. On January 16, 2026, a $1.6 billion transmission line began delivering 1,200 megawatts of Canadian hydropower to the region—enough to meet 20% of Massachusetts' electricity needs and save ratepayers an estimated $50 million annually.
Updated May 26
For 40 years, transmission bottlenecks and opposition blocked Hydro-Québec from selling more power to New England. On January 16, 2026, a 145-mile power line through Maine began delivering 1,200 megawatts of Canadian hydroelectricity to Massachusetts—20% of the state's needs and the largest clean energy transmission addition to the region in decades. The line went dark when a winter storm hit 10 days later.
Updated May 21
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