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.
NL Health Services dealing with an outbreak of Invasive Meningococcal Disease in the Central zone
Police investigating a possible case of animal cruelty after a small dog was found dead near Port aux Basques
RNC say one person is dead after an early morning impaired single-vehicle rollover in St. John's
Corner Brook peewee baseball coach talks about the experience youth will get at the NL Summer Games
Port Saunders RCMP nab motorcyclist who was speeding, stunting, and also fled from police
