July 11, 2014 4:06 PM ET

Electric Utilities

Company Overview of Hydro-Quebec

Company Overview

Hydro-Québec generates, transmits, and distributes electricity for residential, commercial, institutional, industrial, and other customers in Canada. The company operates in four segments: Generation, Transmission, Distribution, and Construction. The Generation segment develops and operates generating facilities; and sells electricity on external markets, as well as is engaged in arbitraging transactions. This segment’s generating fleet comprises 60 hydroelectric and 2 thermal generating stations with an installed capacity of 35.9 gigawatts; and 26 reservoirs with a combined storage capacity of 175 terawatthour, as well as 656 dams and 97 control structures. The Transmission segment develops...

75, boulevard René-Lévesque Ouest

20e étage

Montreal, QC H2Z 1A4

Canada

17,861 Employees

Phone:

514-289-2211

Key Executives for Hydro-Quebec

Chief Executive Officer
Chief Executive Officer of Société D'énergie De La Baie James
President of Hydro-Québec Transénergie
Age: 63
President of Hydro-Québec Production
President of Hydro-Québec Distribution
Compensation as of Fiscal Year 2014.

Hydro-Quebec Key Developments

Hydro-Quebec Announces Commissioning of Two EV Charging Stations in Sorel-Tracy

Hydro-Quebec have commissioned two public charging stations for electric vehicles, or EV, in Sorel-Tracy, Quebec, Canada. After the city joined the Electric Circuit, the St-Hubert restaurant and Chalifoux dairy followed suit and now offer residents and visitors two new locations to charge electric vehicles: in the parking lot of the St-Hubert restaurant (381, boulevard Fiset) and at Chalifoux dairy (1049, boulevard Fiset). The new public charging station at the St-Hubert restaurant in Sorel-Tracy brings the number of charging stations available in the St-Hubert network to 23. Les Rotisseries St-Hubert is one of the founding partners of the Electric Circuit.

Hydro-Quebec Reports Earnings Results for the First Quarter Ended March 31, 2014

Hydro-Quebec reported earnings results for the first quarter ended March 31, 2014. For the quarter, the company's net result was CAD 1.76 billion, compared to CAD 1.36 billion for the same quarter ended March 31, 2013. Revenue for the quarter was CAD 4.62 billion, compared to CAD 3.91 billion for the same quarter ended March 31, 2013. Operating income for the quarter was CAD 2.36 billion, compared to CAD 1.98 billion for the same quarter ended March 31, 2013.

Sony Corporation and Hydro-Quebec Announces Establishment of Esstalion Technologies, Inc

Esstalion Technologies Inc. has been newly established by Sony Corporation and Hydro-Quebec as a business venture to research and develop large-scale energy storage systems for power grids. Esstalion Technologies Inc. will utilize Sony's control technologies for highly safe, reliable, olivine-type lithium-ion iron phosphate rechargeable batteries and highly scalable module systems, together with Hydro-Quebec's operation and control technologies for electric power supplies as well as its lithium-ion battery material technology. By combining these strengths and performing the activities at a common location, the new company intends to research and develop a highly safe and reliable system for large-scale applications, as well as battery material technology suitable for use within electric power systems, and explore their use in a wide variety of applications, such as meeting excess demand during peak times, and the integrating renewable energy sources into power grids. The "Esstalion" portion of the new company's name ("Esstalion Technologies Inc.") is a hybrid term that combines "ESS" (for Energy Storage Systems), "Station" (as a venue for energy management), and "Lithium-ion," and represents energy storage systems for power grids that use lithium-ion battery technologies, the subject of the joint venture company's research and development. Comment from Tomoyuki Suzuki, EVP, Corporate Executive Officer, Device Solutions Business, RDS Platform, Sony Corporation.

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