News
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Hydro continues to monitor active fires in the province, no customer impacts at this time
Read More: Hydro continues to monitor active fires in the province, no customer impacts at this timeHydro is closely monitoring active fires in central Newfoundland and are in frequent contact with our colleagues in the Department of Fisheries, Forestry, and Agriculture, as well as Emergency Response teams. Hydro’s protocol during a forest fire is to keep transmission lines in service to ensure that the system remains as intact as possible and…
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NEWS RELEASE: Newfoundland and Labrador Hydro Releases 2021 Annual Business and Financial Results and First Quarter 2022 Results
Read More: NEWS RELEASE: Newfoundland and Labrador Hydro Releases 2021 Annual Business and Financial Results and First Quarter 2022 ResultsToday, Newfoundland and Labrador Hydro (Hydro) released its annual Business and Financial Report, including the Annual Audited Consolidated Financial Statements for the year ended December 31, 2021. Hydro also released its Unaudited Financial Statements and financial results for the first quarter of 2022. “Over this past year, Hydro has undergone significant change. In June 2021,…
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NEWS RELEASE: Project cost updated as progress is made on the Labrador Island Link
Read More: NEWS RELEASE: Project cost updated as progress is made on the Labrador Island LinkSt. John’s, NL, June 17, 2022 – Newfoundland and Labrador Hydro today shared an update on the costs of the Lower Churchill Project and progress on the development of software required to complete the Labrador Island Link (LIL) portion of the project. This follows the previously announced commissioning of other assets comprising the Lower Churchill…
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Media Advisory: Lower Churchill Project Technical Briefing and Progress Update
Read More: Media Advisory: Lower Churchill Project Technical Briefing and Progress UpdateMembers of the media are invited to attend a technical briefing and media availability with Newfoundland and Labrador Hydro. Date: Friday, June 17, 2022 Time: 10:30 a.m. NT (10:00 a.m. in most parts of Labrador) Location: 500 Columbus Drive, St. John’s (Hydro Place) Members of the media are invited to join Jennifer Williams, President…
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ADVISORY: Happy Valley-Goose Bay equipment upgrades Sunday, June 19 – No customer outage
Read More: ADVISORY: Happy Valley-Goose Bay equipment upgrades Sunday, June 19 – No customer outageIn order to complete additional terminal station upgrades and expand capacity to serve Upper Lake Melville, the terminal station will be taken offline on Sunday, June 19 from 7am to 7pm. No power disruption to customers is expected, as back-up generation will be used to supply electricity while the work is done. In addition, various…
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Release at Paradise River Diesel Plant Contained
Read More: Release at Paradise River Diesel Plant ContainedAt 3:15 pm (ADT) on Friday, April 8, spring thaw caused a water drain-off valve to become loose at the Paradise River Diesel Plant. As a result a mixture of water and approximately 460 liters of fuel was released and immediately contained. No fuel was released into the river. Crews removed contaminated snow and slush…
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Financial Restructuring Agreement for Third Federal Loan Guarantee and LIL Investment Finalized
Read More: Financial Restructuring Agreement for Third Federal Loan Guarantee and LIL Investment FinalizedNewfoundland and Labrador Hydro today announced the finalization of the $1 billion federal loan guarantee and capital restructuring for Muskrat Falls (MF) and the Labrador Transmission Assets (LTA). This is part of the $5.2 billion Rate Mitigation Plan to ensure electricity rates will not double as a result of Muskrat Falls. Following signing of the…
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ELECTRICITY RATES ARE CHANGING EFFECTIVE MARCH 1, 2022
Read More: ELECTRICITY RATES ARE CHANGING EFFECTIVE MARCH 1, 2022Rates for Newfoundland and Labrador Hydro’s (Hydro) Island Interconnected, L’Anse au Loup and Isolated Rural customers decreased, effective March 1, 2022. Why are rates decreasing? The settlement agreement relating to Newfoundland Power’s 2022/2023 General Rate Application resulted in an average decrease of 1.1% in electricity rates for residential and commercial customers effective March 1, 2022.…
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Celebrating 50 years since the first delivery of power at the Churchill Falls Generating Station
Read More: Celebrating 50 years since the first delivery of power at the Churchill Falls Generating StationChurchill Falls, NL Yesterday, Newfoundland and Labrador Hydro marked the 50th anniversary of the Churchill Falls Hydroelectric Generating Station. On December 6th, 1971, the Station successfully delivered power across its 735kV transmission lines, more than 1,200 km to Montreal. With a generating capacity of 5,428 megawatts, the Churchill Falls Hydroelectric Generating Station has been producing…
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ADVISORY: Work Continues in Upper Lake Melville Overnight
Read More: ADVISORY: Work Continues in Upper Lake Melville OvernightHydro is advising customers in Happy Valley-Goose Bay, Sheshatshiu, North West River, and Mud Lake that work to complete the new transmission line that was put in service last weekend will take place overnight beginning at 1AM Monday, December 6, 2021. Currently we do not expect customers in the area to be impacted. However, if…