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 conducting forensics on a stolen pickup located in Corner Brook
BOISAR's new truck makes the rounds in local Christmas parades
St. George’s -Humber MHA Hal Cormier is appointed Parliamentary Secretary to the Minister of Forestry, Agriculture and Lands.
Damage to Bell Aliant tower affecting cellular service in La Scie area
UPDATE: RCMP say stolen red F-150 from Port aux Basques found in Corner Brook
