President and CEO Jennifer Williams says last year, close to 92 percent of electricity generated in the Province was from net zero energy sources.
Newfoundland and Labrador Hydro posted a profit of $580 million in 2022, an increase of $508 million over 2021. Contributing to its positive financial position was $112 million from energy trading—profit from sales of excess energy to other jurisdictions. President and CEO Jennifer Williams says we are getting close to meeting targets of net zero emissions by 2050. She says last year, close to 92 percent of electricity generated in the Province was from net zero energy sources. Williams says people are becoming less dependent on oil and gas. Williams says in addition, usage of Hydro’s EV fast-charging stations increased almost three-fold and more than 1,400 homes were converted from oil to electric heat through a rebate program. NLHydro presented its 2022 and 2023 first quarter results during its Annual General Meeting this morning in St. John’s.
Registration is open for the first West Coast Business and Investment Summit
Corner Brook business offering meals for those in need this Tibbs Eve
The Punters released an album last month marking 3 decades of music called, "30 Years On"
RNC offer tips on protecting your property with summer being historically a time of more break and enters
Former city manager being honoured today at "Second Chance Cove" next to the fish plant on Griffin Drive
