A world leader in hydropower
Hydro-Québec has been generating, transmitting and distributing electricity for over half a century. The company is a world leader in the field of hydroelectricity (power from water). Its sole shareholder is the Québec government.
With a total installed capacity of 36,643 MW (in 2014), Hydro-Québec provides a clean, renewable and reliable supply of electricity to all Quebecers. It also sells power on wholesale markets in northeastern North America.
Hydro-Québec makes every effort to live up to the expectations of its residential and business customers. This includes adopting industry best practices to provide top-quality customer service. Thanks to hydropower, Hydro-Québec’s electricity rates are among the lowest in North America.
One of the world’s largest producers of clean energy
Over 40% of Canada’s water resources are in Québec and Hydro-Québec has developed this potential to become one of the world’s largest hydropower producers.
The company uses water to generate 99% of its electricity, making Québec hydropower a generating option with very low greenhouse gas (GHG) emissions and no toxic waste. All the water used to generate electricity flows back into the river, with no loss in quality.
Hydro-Québec’s hydroelectric developments include 62 generating stations and 27 large reservoirs with a combined storage capacity of 176 TWh, as well as 668 dams and 98 control structures.
The company also supports the development of other technologies—such as wind power—and conducts R&D in energy-related fields, including energy efficiency.
Hydro-Québec owes its status of world leader to the know-how of its employees, who are fundamental to the company’s success.
Several Hydro-Québec members are actively involved in the activities and initiatives of national and international organizations such as the World Energy Council, Canadian Hydropower Association, Energy Council of Canada, International Council on Large Electric Systems (CIGRE), Centre Jacques Cartier and Global Sustainable Electricity Partnership (formerly the e8).
A responsible economic actor
Hydro-Québec plays a leading role in the Québec economy.
First of all, we have about 20,000 employees at nearly 150 different locations. In addition, we make large-scale investments, in the development, modernization and long-term operability of the power system, as well as our telecommunications network, IT equipment and real estate holdings. In 2014, these investments totaled $3.9 billion.
Moreover, during the same year, procurement of goods and services from Québec companies totaled $3,112 million, or 94% of our total estimated $3.3 billion in procurement.
In this section
- Hydro‑Québec at a Glance
- Areas of Activity
- Financial Results
- The History of Hydro‑Québec
- Corporate Governance