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.
Those who receive Income support cheques by mail can pick them up tomorrow
Government proposes updated policy to ban electronic devices in K-6 and wants the public's feedback
PC Leader Tony Wakeham says "U.S. Tariffs will have devastating consequences for the province"
Qalipu First Nation swearing-in ceremony takes place tomorrow
A 64 year old man is arrested after landing his ATV in a ditch in Robinson's
