Press release - An analysis by the Regroupement des organismes environnementaux en énergie (ROEÉ) - of which Fondation Rivières is a member - of Hydro-Québec's evidence in the annual rate case currently before the Régie de l'énergie reveals a drastic turnaround in the utility's assessment of power requirements.
Fondation Rivières is pleased to note that several of the recommendations in the Report of the Commission on Energy Issues in Quebec, entitled Maîtriser notre avenir énergétique (Mastering our Energy Future), echo our repeated requests over several years.
Consultations on energy are fast approaching in Quebec. It’s time to inform ourselves about the environmental and economic issues that concern us! Hydro-Québec is seeking to increase its rates while it is engaged in producing new surplus electricity.
The report by the Bureau d'audiences publiques sur l'environnement (BAPE) finds the project to build a hydroelectric power station in majestic Canyon Sainte-Anne unacceptable.
Fondation Rivières estimates that Hydro-Québec will incur annual losses of over 5 M$/year, or 80 M$ (present value) over the 20 years of the contract signed with the developer of the Val-Jalbert hydroelectric project, Société de l'énergie communautaire du Lac-Saint-Jean.
The budgetary forecasts submitted by the Société de l'énergie sociale du Lac Saint-Jean (SECLSJ) and their accounting firm are completely inaccurate with regard to revenue forecasts beyond the first 20 years, denounces the Rivières Foundation.
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