OEB Proceeds with Dynamic Pricing Options for Non-RPP Class B Electricity Consumers

Hydro-Québec’s Action Plan 2035 sets out the company’s key role in the energy transition. Significant challenges drive Hydro-Québec to refocus on its priority to decarbonize, contribute to Québec’s prosperity and meet customers’ expectations. Considering these circumstances and Dana TM4’s solid financial performance, Hydro-Québec has decided to exercise its put option to sell its remaining 45% interest to Dana Incorporated.

To meet the increased demand for electricity in downtown Gatineau, Hydro-Québec will underground four overhead distribution lines between Val-Tétreau substation and Rue Eddy. A new underground concrete duct bank approximately 2 km long will be installed to accommodate the 25-kilovolt (kV) lines. “The growth of downtown Gatineau, specifically the Hull sector, has increased the demand for electricity,” said project manager Pascale Bolduc. “Building the concrete duct bank and undergrounding the existing lines will strengthen the grid and ensure its long-term operability.”