Pierre Fitzgibbon, who said he recently approved electricity allotments for a handful of new industrial projects, believes the lack of electrical capacity is due to “poor planning” of past projects. “I think that people have underestimated the implications of decarbonization” on Quebec’s electricity needs, he said at a Canadian Club event earlier this week. (La Presse, Journal de Montréal)
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Pierre Fitzgibbon, who said he recently approved electricity allotments for a handful of new industrial projects, believes the lack of electrical capacity is due to “poor planning” of past projects. “I think that people have underestimated the implications of decarbonization” on Quebec’s electricity needs, he said at a Canadian Club event earlier this week. (La Presse, Journal de Montréal)
Talking point: Hydro-Québec is key to Fitzgibbon’s plan to transform Quebec into a global green-energy hub. Yet the resulting increased demand—not to mention a lack of snowpack and precipitation—has caused a supply shortage from the utility, which expects an end to electricity surpluses in 2027. Last November, after a few months with CEO Michael Sabia at the helm, the public utility announced a plan of up to $185 billion to expand its grid by 2035.
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