Quebec Says New York’s Interested in Importing Its Hydropower
- Energy Minister Pierre Arcand met with city, state officials
- Entergy said last week it’ll close Indian Point nuclear plant
This article is for subscribers only.
Quebec’s energy minister, who met with New York officials this week, sensed “genuine interest” from the state in importing hydropower from the Canadian province.
Pierre Arcand is hopeful that Hydro-Quebec, Canada’s biggest electric utility, can reach a deal by the end of this year to supply power to New York under a long-term contract, he said Wednesday in an interview at Bloomberg headquarters. The meetings came a week after Entergy Corp. said it’ll close Indian Point, a 2,000-megawatt nuclear plant located 25 miles north of New York City, in 2021.