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 province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region ...

. A provincial

Crown corporation A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government ...

under the

Government of Newfoundland and Labrador The Government of Newfoundland and Labrador refers to the provincial government of the province of Newfoundland and Labrador. It was established by the Newfoundland Act and its powers and structure are set out in the Constitution Act, 1867. L ...

, 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 thirte ...

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 Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

. 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 ...

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 The Churchill Falls (Labrador) Corporation, also known as CF(L)Co or CFLco is a Canadian electric company. The company was founded in 1961 and is based in St. John's, Newfoundland and Labrador. Churchill Falls (Labrador) Corporation Limited opera ...

(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

, 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 ownership ...

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 philosophe ...

Hydro-Québec Hydro-Québec is a public utility that manages the generation, transmission and distribution of electricity in the Canadian province of Quebec, as well as the export of power to portions of the Northeast United States. It was established by t ...

, 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 Newfoundland and Labrador (; french: Terre-Neuve-et-Labrador; frequently abbreviated as NL) is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region ...

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 Atlantic Canada, also called the Atlantic provinces (french: provinces de l'Atlantique), is the region of Eastern Canada comprising the provinces located on the Atlantic coast, excluding Quebec. The four provinces are New Brunswick, Newfoundla ...

's largest industrial fabrication site. The site is located 150 kilometers west of

St. John's, Newfoundland and Labrador St. John's is the capital and largest city of the Canadian province of Newfoundland and Labrador, located on the eastern tip of the Avalon Peninsula on the island of Newfoundland. The city spans and is the easternmost city in North America ...

. The Hibernia oil field's gravity base structure was constructed at the site, as well work on the two

Floating Production Storage and Offloading A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...

(FPSO) vessel's for the Terra Nova oil field and the

White Rose oil field White Rose is an oil field development project off the coast of Newfoundland. Husky Energy is the operator and 72.5 per cent interest holder in the White Rose oil fields. Discovered in 1984, the White Rose offshore oil field is located in the ...

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