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New York State signs 25-year contract with Hydro-Quebec as the state moves away from fossil fuel...
Source: CTV News
MONTREAL | News
New York State signs 25-year contract with Hydro-Quebec as the state moves away from fossil fuel energy
The Canadian Press
Published Monday, September 20, 2021 1:25PM EDT
Last Updated Monday, September 20, 2021 4:35PM EDT
MONTREAL -- New York State has awarded a 25-year contract to Hydro-Québec, the provincially-owned company's largest export contract.
Starting in 2025, Hydro-Québec will supply nearly 1,250 megawatts of hydroelectricity, which represents the electrical consumption of about one million homes.
Fossil fuels account for nearly 85 per cent of the region's electricity supply. The state wants renewable energy to account for 70 percent of its energy consumption by 2030.
The announcement was made by Governor Kathy Hochul during New York's Climate Week.
Starting in 2025, Hydro-Québec will supply nearly 1,250 megawatts of hydroelectricity, which represents the electrical consumption of about one million homes.
Fossil fuels account for nearly 85 per cent of the region's electricity supply. The state wants renewable energy to account for 70 percent of its energy consumption by 2030.
The announcement was made by Governor Kathy Hochul during New York's Climate Week.
Read more: https://montreal.ctvnews.ca/new-york-state-signs-25-year-contract-with-hydro-quebec-as-the-state-moves-away-from-fossil-fuel-energy-1.5592621