Quebec’s efforts in the energy sector are guided by its
energy policy. The current policy covers 2006 to
2015. Quebec is putting its final touches on the next
reiteration to be released fall 2013. A consultative process will
follow.
Early indications are that the government is thinking of resurrecting
Hydro-Québec International (HQI), the former
wholly-owned subsidiary of Hydro-Québec.
This is an excellent idea.
Quebec’s electricity sector represents more than 5% of its
GDP and is anchored by Hydro-Québec, a large vertically
integrated stated-owned utility. During the 1980s and 1990s HQI was
active on the world stage, first as a complement to the
international activities of Quebec’s engineering sector, and
then as a full-fledged developer, owner and operator of production
and transmission facilities, primarily in emerging markets.
