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Export of Electricity to the u.s., Hydro-Québec Will Pay 1 Billion More than Expected

Summary by La Presse
The bill to export electricity from Quebec to the United States jumped. Hydro-Québec will have to pay 1 billion more than expected to deliver its energy to the south of our borders, an increase of 50% compared to the initial budget, La Presse noted. The cost overruns of the major construction sites of the state-owned company suggest a more expensive energy transition than was anticipated, according to experts.

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The bill to export electricity from Quebec to the United States jumped. Hydro-Québec will have to pay 1 billion more than expected to deliver its energy to the south of our borders, an increase of 50% compared to the initial budget, La Presse noted. The cost overruns of the major construction sites of the state-owned company suggest a more expensive energy transition than was anticipated, according to experts.

·Montreal, Canada
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La Presse broke the news in Montreal, Canada on Tuesday, November 4, 2025.
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