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.
Police find cocaine, MDMA, contraband cigarettes and cash during a search on a Corner Brook home this morning
Details coming Monday on the removal of MSC Baltic III from Cedar Cove
RCMP issue warning after dangerous synthetic opioid found in NL for the first time
61st annual Silver Blades Ice Show is tomorrow night at the Corner Brook Civic Centre
Corner Brook MHA concerned budget had nothing for family care team at the old hospital and YMCA daycare
