Blockchain industry in Québec
Hydro‑Québec is reserving a block of 300 MW for the blockchain industry. Companies will be determined through a selection process.
On June 5, 2019, Hydro-Québec launched a request for proposals (RFP) regarding the allocation of a 300 megawatt (MW) block of power and associated energy to non-firm service for cryptographic use applied to blockchains, including a block of at least 50 MW reserved for projects of 5 MW or less. This RFP is further to a decision issued by the Régie de l’énergie on April 29, 2019 [PDF 334 kB – in French only].
Régie de l’énergie decision
The blockchain industry is a promising avenue for Hydro‑Québec. Guidelines are nevertheless required to ensure that the development of this industry maximizes spinoffs for Québec without resulting in rate increases for our customers.