Annual Report 2019
Hydro-Québec posted net income of $2,923 million in 2019. This excellent result is due in particular to record sales on the Québec market, where baseload demand increased in all customer segments. On markets outside Québec, net export volume reached 33.7 TWh, one of the strongest performances in this area in Hydro-Québec’s history.
For a seventh consecutive year, Hydro-Québec’s contribution to the revenue of its sole shareholder, the Québec government, exceeds $4 billion.
- Record sales on the Québec market: 174.6 TWh
- Strong volume of net electricity exports: 33.7 TWh
- Exports’ contribution to net income: $631 million
- Investments throughout Québec: $3.6 billion
- Decrease in operational expenditure compared to 2018: $24 million
The Annual Report is available exclusively in electronic format.
