Consequently,
Profits down 18 % hydro-québec:
The net profit of Hydro-Québec is down 18 % in the second quarter of 2025. Nevertheless, despite the increase in prices of 3 % in force since this spring.
Posted at 11:00 a.m.
The Crown Corporate reports a net profit of 221 million for the months of April. Meanwhile, May and June, down 48 million compared to the same period last year.
The increase in prices in force since 1is April. Nevertheless, demand growth brought in 196 million more than last year, but operating expenses are up 132 million due to “activities related to the priorities of the 2035 action plan”, profits down 18 % hydro-québec specifies Hydro-Québec.
The strategy of filling the tanks. made necessary because of the prolonged drought, cost an additional 129 million in electricity purchases, which reduced the net profit in the quarter.
After two years of drought. the Hydro-Québec reservoirs reached a historic hollow last May, which forces the company to reduce its exports and import even in summer to reconstruct its energy reserves.
Since the beginning of the year. Hydro-Québec has imported as much energy as it has been able to export, or 6 terawattheures sold and 6 terawatt hours purchased. Electricity purchases cost him an average of 5 hundred per kilowatt hour. so sales in the export markets brought in 16 hundred kilowatt hours.
For the first six months of the year, Hydro-Québec has a profit of 2.2 billion. profits down 18 % hydro-québec up 23 %, due to the increase in profits due to the colder winter garnered in the first quarter of the year.
profits down 18 % hydro-québec — Profits down 18 % hydro-québec: The net profit of Hydro-Québec is down 18 % in the second quarter of 2025. despite the increase in prices of 3 % in force since this spring. Posted at 11:00 a.m. The Crown Corporate reports a net profit of 221 million for the .
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