Nalcor Energy is a provincial energy corporation which is headquartered in St. John's,

Newfoundland and Labrador Newfoundland and Labrador (; french: Terre-Neuve-et-Labrador; frequently abbreviated as NL) is the easternmost provinces and territories of Canada, province of Canada, in the country's Atlantic Canada, Atlantic region. The province comprises t ...

. A provincial Crown corporation under the Government of Newfoundland and Labrador, Nalcor Energy was created in 2007 to manage the province's energy resources. The company has distinct business lines comprising

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 ...

, the

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 northwe ...

, The Lower Churchill Project, energy marketing, oil and gas development, and The Bull Arm Fabrication Site.

Hydro

, commonly shortened to "Hydro", is the Nalcor subsidiary that generates and delivers electricity for

, as well as parts of

Quebec Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirtee ...

and the north-eastern

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

. It also delivers voice and data

telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...

services to customers in some areas. Hydro itself is the parent company of the Hydro Group of Companies, which comprises * Churchill Falls Labrador Corporation Limited (CFLCo) * Lower Churchill Development Corporation Limited (LCDC) * Gull Island Power Company Limited (GIPCo) * Twin Falls Power Corporation Limited (TwinCo)

The Upper Churchill Falls Generating Station

The

is one of the largest underground powerhouses in the world. The plant has 11 turbines with a rated capacity of 5,428 megawatts. Nalcor controls a 65.8% share of the Churchill Falls Labrador Corporation Limited, the owner of the Churchill Falls station while Quebec's

government-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...

utility As a topic of economics, utility is used to model worth or value. Its usage has evolved significantly over time. The term was introduced initially as a measure of pleasure or happiness as part of the theory of utilitarianism by moral philosoph ...

, Hydro-Québec, owns the remaining shares.

Lower Churchill Project

The Lower Churchill Project is a planned project to develop the remaining 35 per cent of the Churchill River, that has not already been developed by the Upper Churchill Falls Generating Station. The Lower Churchill's two installations at Gull Island and Muskrat Falls will have a combined capacity of over 3,000 MW.

Oil and Gas

Nalcor Energy's Oil and Gas division holds and manages oil and gas interests in the

onshore and offshore oil developments. The company is currently a partner in three offshore developments - the Hebron oil field, the White Rose Growth Project and the Hibernia Southern Extension. A $20 million onshore drilling exploration program in Parsons Pond in western Newfoundland is also being operated by Nalcor - Oil and Gas.

Bull Arm Fabrication

The Bull Arm Fabrication site was developed in the early 1990s and is Atlantic Canada's largest industrial fabrication site. The site is located 150 kilometers west of St. John's, Newfoundland and Labrador. The Hibernia oil field's

gravity base structure A gravity-based structure (GBS) is a support structure held in place by gravity, most notably offshore oil platforms. These structures are often constructed in fjords due to their protected area and sufficient depth. Offshore oil platforms Pri ...

was constructed at the site, as well work on the two Floating Production Storage and Offloading (FPSO) vessel's for the Terra Nova oil field and the White Rose oil field were done here.

References

External links

* {{Authority control Crown corporations of Newfoundland and Labrador Energy companies of Canada Oil companies of Canada Companies based in St. John's, Newfoundland and Labrador 2007 establishments in Newfoundland and Labrador Canadian companies established in 2007 Energy companies established in 2007