Hydro-Québec

Hydro-Québec is a Canadian Crown corporation and public utility headquartered in Montreal, Quebec, Canada. Its core business involves the generation, transmission, and distribution of electricity. The company's mission is to deliver reliable electric power and high-quality services, contributing to Québec's collective wealth and playing a central role in the emergence of a low-carbon economy by developing clean, renewable energy sources.

Hydro-Québec primarily generates electricity from hydroelectric sources, with nearly 100% of its power coming from renewable water resources, making it one of the largest hydropower producers globally. It manages the extensive generation, transmission, and distribution infrastructure across Quebec, serving residential, commercial, and industrial customers. The company also exports clean power to wholesale markets in the Northeast United States and is involved in developing battery materials for electric vehicles and the electric powertrain market.

Led by President and CEO Claudine Bouchard, Hydro-Québec reported solid financial results for 2025, with a net income of $2.9 billion and a contribution of $26.1 billion to Québec's GDP. The company is implementing its Action Plan 2035, which includes a $10 billion, ten-year energy efficiency strategy aimed at saving 21 TWh by 2035. Hydro-Québec is also expanding its generation capacity, including through wind power development, and remains a key player in interprovincial energy discussions, such as those concerning the Churchill River with Newfoundland and Labrador.