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. It also delivers voice and data services to customers in some areas. 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
- Churchill Falls (Labrador) Corporation Limited (CFLCo)
- Lower Churchill Development Corporation Limited (LCDC)
- Gull Island Power Company Limited (GIPCo)
- Twin Falls Power Corporation Limited (TwinCo)
Read more about Newfoundland And Labrador Hydro: Highlights in The History of Newfoundland and Labrador Hydro
Famous quotes containing the word labrador:
“That Cabot merely landed on the uninhabitable shore of Labrador gave the English no just title to New England, or to the United States generally, any more than to Patagonia.”
—Henry David Thoreau (1817–1862)