Profitability and Growth

Hydro-Québec Production generates electricity and sells it on wholesale markets both inside and outside Québec.

For the Québec market, the division supplies a heritage pool of up to 165 TWh per year, which it is obliged to sell at a fixed price of 2.79 cents per kilowatthour. Beyond this volume, it may compete freely in response to Hydro-Québec Distribution’s calls for tenders.

It conducts various transactions on markets outside Québec. These transactions, mainly short-term electricity sales and purchases, generate significant revenue, offer attractive profits and help optimize the use of our generating stations and reservoirs.

The division's trade in energy is based on a fleet of generating stations, which use water to produce 96% of their output. It runs them under optimum cost and efficiency conditions, and takes the necessary measures to ensure their long-term operability.

The division maintains a diversified portfolio of projects to increase its generating capacity and take advantage of market growth. As well, it secures other sources of supply by such means as long-term contracts with independent power producers in Québec, with the focus on renewable energy, including wind power.