Hydro-Quebec Eyes New Long-Term Power Deal in U.S. Northeast

Dec. 6, 2016, 6:57 PM

Hydro-Quebec, Canada’s biggest electricity utility, wants to expand power sales to U.S. Northeast states hungry for green energy to meet climate change goals.

The power supplier can generate as many as 3,000 additional megawatts that could be shipped south of the border without having to build a new dam, Chief Executive Officer Eric Martel said in an interview at Bloomberg headquarters in New York. It has an annual generating capacity of about 37,000 megawatts.

“We can probably already commit to 3,000 megawatts without building anything other than the transmission line,” Martel said Tuesday. “Today we are limited by the number of transmission ...

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