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Newfoundland And Labrador Hydro
Newfoundland and Labrador Hydro (NL Hydro), commonly known as Hydro, is a provincial Crown corporation that manages the generation, transmission and distribution of electricity in Newfoundland and Labrador, as well as portions of Quebec and the north-eastern areas of the United States. Between 2007 and 2021, NL Hydro was a subsidiary of the provincial Crown-owned energy holding company Nalcor Energy. Newfoundland and Labrador Hydro's installed generating capacity, (MW), is the fourth largest of all utility companies in Canada. Generating assets consist of 16 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 distrib ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Corporation
Crown corporation () is the term used in Canada for organizations that are structured like private companies, but are directly and wholly owned by the government. Crown corporations have a long-standing presence in the country, and have a significant economic impact, with commercial operations equivalent to 7% of Canadian GDP. Crown corporations are created to advance government policy objectives. Often they provide services to the public that are not economically viable for a private enterprise, or that do not fit exactly within the scope of any ministry. They represent a form of state-owned enterprise. Crown corporations are established by an Act of Parliament, act of parliament or an act of a provincial legislature. Federal government Crowns report to the relevant Minister of the Crown, minister in Cabinet of Canada, Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct pol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quebec
Quebec is Canada's List of Canadian provinces and territories by area, largest province by area. Located in Central Canada, the province shares borders with the provinces of Ontario to the west, Newfoundland and Labrador to the northeast, New Brunswick to the southeast and a coastal border with the territory of Nunavut. In the south, it shares a border with the United States. Between 1534 and 1763, what is now Quebec was the List of French possessions and colonies, French colony of ''Canada (New France), Canada'' and was the most developed colony in New France. Following the Seven Years' War, ''Canada'' became a Territorial evolution of the British Empire#List of territories that were once a part of the British Empire, British colony, first as the Province of Quebec (1763–1791), Province of Quebec (1763–1791), then Lower Canada (1791–1841), and lastly part of the Province of Canada (1841–1867) as a result of the Lower Canada Rebellion. It was Canadian Confederation, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prime Minister Of Canada
The prime minister of Canada () is the head of government of Canada. Under the Westminster system, the prime minister governs with the Confidence and supply, confidence of a majority of the elected House of Commons of Canada, House of Commons; as such, the prime minister typically sits as a Member of Parliament (Canada), member of Parliament (MP) and leads the largest party or a Coalition government, coalition of parties. As List of current Canadian first ministers, first minister, the prime minister selects ministers to form the Cabinet of Canada, Cabinet. Not outlined in any constitutional document, the prime minister is appointed by Monarchy of Canada, the monarch's representative, the Governor General of Canada, governor general, and the office exists per long-established Convention (norm)#Government, convention. Constitutionally, Executive (government), executive authority is vested in the monarch (who is the head of state), but the powers of the monarch and governor gene ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muskrat Falls Generating Station
The Muskrat Falls Generating Station is a hydroelectric generating station on the Churchill River in Newfoundland and Labrador, Canada. It is located downstream of the Churchill Falls Generating Station. The station at Muskrat Falls has a capacity of over 824 MW and provides 4.5 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. On September 23, 2020, the first unit at Muskrat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
