Newfoundland and Labrador Hydro

Newfoundland and Labrador Hydro
Crown Corporation
Industry Electricity generation & distribution
Founded St. John's, Newfoundland and Labrador (1954)
Headquarters St. John's, Newfoundland and Labrador, Canada
Key people
Ed Martin, President & CEO
Products Electricity
Revenue $493,500,000 CAN
Number of employees
1,150 (2005)
Parent Nalcor Energy
Subsidiaries Churchill Falls (Labrador) Corporation Limited
Lower Churchill Development Corporation Limited
Gull Island Power Company Limited
Twin Falls Power Corporation Limited
Website www.nlh.nl.ca

Newfoundland and Labrador Hydro (commonly known as merely Hydro) is a provincial Crown corporation that generates and delivers electricity for Newfoundland and Labrador, Quebec, and the north-eastern areas of the United States. The company is a subsidiary of Nalcor Energy.

Newfoundland and Labrador Hydro's installed generating capacity, 7289 megawatts (MW), is the fourth largest of all utility companies in Canada. Generating assets consist of 12 hydroelectric plants, including the Churchill Falls hydroelectric plant, which is the second largest underground power station in the world, with a rated capacity of 5,428 MW of power, one oil-fired plant, four gas turbines and 26 diesel plants. Every year, Hydro generates and transmits over 80% of the electrical energy consumed by Newfoundlanders and Labradorians – over 6,487 GWh of energy in 2004. Hydro also distributes power directly to 35,000 customers in rural Newfoundland and Labrador.

In 1975, the Newfoundland and Labrador Power Commission, a crown corporation originally established to assist in rural electrification, was renamed Newfoundland and Labrador Hydro Corporation.

Newfoundland and Labrador Hydro is the parent company of the Hydro Group of Companies, which comprises

Grid operations, services and connections

Atlantic power connections

The Nova Scotia government commissioned (from SNC-Lavalin) a study in 2009 to consider an Atlantic wide regional electricity market operator.[1]

A $6.2 billion deal between Newfoundland and Labrador Hydro's parent company, Nalcor Energy and Halifax-based Emera was announced by premiers Darrell Dexter and Danny Williams on November 18, 2010. Nalcor Energy will spend $2.9 billion to build a power generating facility at Muskrat Falls, while Emera will invest $1.2-billion in the Maritime Transmission Link underwater power connection and $600 million in the Muskrat Falls facility in exchange for 20% of the 800-megawatts of capacity.

Generating facilities

Hydroelectric Generating Stations

Labrador (5,447 MW)

Newfoundland (1,254 MW)

Non-Utility Generators

Thermal (Diesel) Generating Stations

Labrador (32.8 MW)

Newfoundland (23.5 MW)

Thermal (Oil) Generating Stations

Newfoundland (490 MW)

Gas Turbine Generating Stations

Labrador (27 MW)

Newfoundland (100 MW)

Highlights in the history of Newfoundland and Labrador Hydro

See also

References

This article is issued from Wikipedia - version of the 11/9/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.