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Newfoundland And Labrador Hydro
Newfoundland and Labrador Hydro (NL Hydro), commonly known as Hydro, is a provincial Crown corporation that generates and delivers electricity for Newfoundland and Labrador, as well as portions of Quebec and the north-eastern areas of the United States. Since 2007, Hydro has been a subsidiary of the provincial Crown-owned energy holding company Nalcor Energy. Newfoundland and Labrador Hydro's installed generating capacity, 8034 megawatts (MW), is the fourth largest of all utility companies in Canada. Generating assets consist of 12 hydroelectric plants, including the Churchill Falls hydroelectric plant, which is the second largest underground power station in the world, with a rated capacity of 5,428 MW of power, one oil-fired plant, four gas turbines and 26 diesel plants. Every year, Hydro generates and transmits over 80% of the electrical energy consumed by Newfoundlanders and Labradorians – over 6,487 GWh of energy in 2004. Hydro also distributes power directly to 35,000 ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ...
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Churchill Falls Generating Station
The Churchill Falls Generating Station is a hydroelectric underground power station in Labrador. At 5,428 MW, it is the sixteenth largest in the world, and the second-largest in Canada, after the Robert-Bourassa generating station in northwestern Quebec. Rather than a single large dam, the plant's reservoir is contained by 88 dykes, totalling 64 km in length. Now called the Smallwood Reservoir, it has a capacity of 33 cubic kilometres in a catchment area of about 72,000 square kilometres, an area larger than the Republic of Ireland. It drops over 305 metres to the site of the plant's 11 turbines. The plant's power house was hewn from solid granite 300 metres underground. It is about 300 metres long and as high as a 15-story building. The station cost almost a billion Canadian dollars to build in 1970. Commissioned from 1971 to 1974, it is owned and operated by the Churchill Falls Labrador Corporation Limited, a joint venture between Nalcor Energy (65.8%) and Hydro- ...
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Mary's Harbour
Mary's Harbour is a town in the Canadian province of Newfoundland and Labrador. The town had a population of 312 in the Canada 2021 Census, down from 341 in the Canada 2016 Census. It is serviced by Mary's Harbour Airport. Mary's Harbour surrounds the St. Mary's River, which was the site of a salmon fishery as early as the 1780s. However, Mary's Harbour was not a permanent settlement until after a fire at Battle Harbour in 1930. The International Grenfell Association decided to relocate its hospital and boarding school, destroyed by the fire, from Battle Harbour to Mary's Harbour. Mary's Harbour has always depended on the fishery for its livelihood. Since the Collapse of the Atlantic northwest cod fishery the community has thrived on the crab fishery. The Labrador Fishermen's Union Shrimp Company employs over 120 people at the local crab processing facility. It is also the gateway to the National Historic District of Battle Harbour. Climate Mary's Harbour has a subarctic clim ...
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Twin Falls (Labrador)
Twin Falls is the site of a hydroelectric power station developed by the British Newfoundland Development Corporation (Brinco) to deliver power to mining operations in Labrador City and Wabush. The station was on the Unknown River, a tributary of the Churchill River that drains the central Labrador basin. Construction began in 1960. The river was dammed at Twin Falls to form the Ossokmanuan Reservoir. When finished in 1963, the station had a total capacity of 225 MW with two long transmission lines at 230,000 volts (or 230 kV). It cost $47.5 million (1963). Twin Falls power was essential to the later development at Churchill Falls. It helped open up the area and supplied the power required during the construction phase of the project. In the planning stage, however, it became apparent that greater efficiency in the production of electricity could be achieved by diverting the flow of water from the Ossokmanuan Reservoir into the Smallwood Reservoir.https://nalcorenergy.com/wp-c ...
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Menihek Hydroelectric Generating Station
The Menihek Hydroelectric Generating Station is a conventional hydroelectric generating station at Menihek Lake in Labrador. The dam and powerhouse are located in the Canadian province of Newfoundland and Labrador, south of the isolated town of Schefferville, Quebec and two First Nations communities: Matimekosh-Lac-John and Kawawachikamach. The generating station, two 69 kV power lines and the distribution networks in each community form an independent electricity network, off the main North American grid. Geography The power development is located approximately north of Labrador City, Labrador, in an uninhabitated region in the northwestern tip of Labrador. The station is just south of the Laurentian Divide between the Atlantic and Arctic drainage basins which delineates the Quebec–Newfoundland and Labrador border in the area. The climate in Schefferville, north of Menihek, is characterized by an average temperature of — which can drop as low as in the winter and ri ...
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Lower Churchill Project
The Lower Churchill Project is an ongoing hydroelectric project in the Labrador region of Newfoundland and Labrador, Canada, to develop the remaining 35 per cent of the Churchill River that was not developed by the Churchill Falls Generating Station. The station at Muskrat Falls will have a capacity of over 824 MW and provide 4.9 TWh of electricity per year. A $6.2 billion deal between Newfoundland and Labrador's Nalcor Energy and Halifax, Nova Scotia-based Emera to develop the project was announced in November 2010. On November 30, 2012, a federal loan guarantee deal for financing of the project was signed by Prime Minister Stephen Harper, Newfoundland and Labrador Premier Kathy Dunderdale and Nova Scotia Premier Darrell Dexter. On December 17, 2012, the provincial government announced project sanction. Emera received approval to proceed with the Maritime Link from the Nova Scotia Utility and Review Board in 2013. Financial close for the loan guarantee occurred in late 2013 ...
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Danny Williams (Canadian Politician)
Daniel E. Williams (born August 4, 1949) is a Canadian politician, businessman, and lawyer who served as the ninth premier of Newfoundland and Labrador between November 6, 2003, and December 3, 2010. Williams was born and raised in St. John's, Newfoundland and Labrador. Before entering politics Williams was a highly successful lawyer and businessman. After becoming Leader of the Progressive Conservative Party of Newfoundland and Labrador in 2001, he was elected to the House of Assembly in a by-election for the district of Humber West in Corner Brook. Williams's premiership was controversial outside of Newfoundland and Labrador. Events such as ordering all Canadian flags to be removed from provincial government buildings, and launching the Anything But Conservative campaign in the 2008 federal election, garnered national attention. While Williams remains a controversial politician outside Newfoundland and Labrador, he was continuously ranked as one of the most popular pr ...
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Darrell Dexter
Darrell Elvin Dexter (born 1957) is a Canadian lawyer, journalist and former naval officer who served as the 27th premier of Nova Scotia from 2009 to 2013. A member of the Nova Scotia New Democratic Party, he served as party leader from 2001 to 2013. He became Premier in 2009 after his party defeated the governing Progressive Conservative Party, leading the first NDP government in Atlantic Canada and the second east of Manitoba. His government was defeated in the 2013 election, becoming the first Nova Scotia government in 131 years to be denied a second mandate; Dexter himself was defeated in his constituency by 21 votes. Dexter now serves as a lobbyist for the cannabis industry. Early life Darrell Dexter was born on September 10, 1957, in Halifax, Nova Scotia, to Elvin, a steel metal worker, and Florence Dexter (née Pace),
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Emera
Emera Incorporated is a publicly traded Canadian multinational energy holding company based in Halifax, Nova Scotia. Created in 1998 during the privatization of Nova Scotia Power, a provincial Crown corporation, Emera now invests in regulated electricity generation as well as transmission and distribution across North America and the Caribbean. History Emera was created out of the privatization of the provincial Crown corporation Nova Scotia Power Incorporated (NSPI). On December 2, 1998, NSPI shareholders voted to restructure the company to create a holding company which would be shareholder-owned, with the regulated utility being a wholly owned subsidiary of the holding company. On December 9, 1998, NSPI received approval to establish NS Power Holdings Incorporated and NSPI shareholders exchanged their shares in NSPI for shares in NS Power Holdings Inc. on a one-to-one basis on January 1, 1999. Common shares in NS Power Holdings Inc. began trading on the Toronto Stock Exchange ...
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Electricity Market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology. A restructuring of electric power industry at the turn of the 21st century involved replacing the vertically integrated and tightly regulated "traditional" electricity market with multiple competitive markets for electricity generation, transmission, distribution, and retailing. The traditional and competitive market approaches loosely correspond to two visions of industry: the deregulation was transforming electricity from a public service (like sewerage) into a tradable good (like crude oil). As of 2020s, the traditional markets are still common in some regions, including large parts of the United State ...
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SNC-Lavalin
SNC-Lavalin Group Inc. is a Canadian company based in Montreal that provides engineering, procurement, and construction (EPC) services to various industries, including mining and metallurgy, oil and gas, environment and water, infrastructure, and clean energy. SNC-Lavalin is the largest construction company, by revenue, in Canada, as of 2018. The firm has over 50,000 employees worldwide, with offices in over 50 countries and operations in over 160 countries. Key sectors SNC Lavalin has over 50,000 employees worldwide, with offices in over 50 countries and operations in over 160 countries. According to its 2017 annual report, its four key service sectors are infrastructure, mining and metallurgy, oil and gas, and power; each sector offers services that includes design, studies, consultancy, financing, asset management, engineering, construction, procurement and operations and maintenance. Its infrastructure sector provides services from financing, building and maintenance. It ...
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Nova Scotia
Nova Scotia ( ; ; ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. Nova Scotia is Latin for "New Scotland". Most of the population are native English-speakers, and the province's population is 969,383 according to the 2021 Census. It is the most populous of Canada's Atlantic provinces. It is the country's second-most densely populated province and second-smallest province by area, both after Prince Edward Island. Its area of includes Cape Breton Island and 3,800 other coastal islands. The Nova Scotia peninsula is connected to the rest of North America by the Isthmus of Chignecto, on which the province's land border with New Brunswick is located. The province borders the Bay of Fundy and Gulf of Maine to the west and the Atlantic Ocean to the south and east, and is separated from Prince Edward Island and the island of Newfoundland by the Northumberland and Cabot straits, resp ...
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