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Why we sell power. Revenue from our power exports brought in more than 22% of our total electric revenue 2010–19, or about $3.9 billion. Every dollar we make goes back into running Manitoba Hydro to keep rates low for our customers in Manitoba. We sell our power to utilities in the United States, and Saskatchewan and Ontario.
The Manitoba Hydro-Electric Board (French: La Régie de l’hydro-électricité du Manitoba), operating as Manitoba Hydro, is the electric power and natural gas utility in the province of Manitoba, Canada. Founded in 1961, it is a provincial Crown Corporation, governed by the Manitoba Hydro-Electric Board and the Manitoba Hydro Act.
Local First Nations fight against Manitoba Hydro dates back to 1975 when a public inquiry was launched to address the concerns of several communities. By 1977 the federal and provincial governments in tandem with Manitoba Hydro negotiated the The Northern Flood Agreement with First Nations from Split Lake, Nelson House, York Landing, Norway House, and Cross Lake.
Jun 2, 2020 · Energizing the 500-kV Manitoba-Minnesota Transmission Project, which once it crosses the border into the U.S. is known as the Great Northern Transmission Line, means province-owned Manitoba Hydro can finally reap export revenue from the final step in an ambitious plan to revamp the province's transmission network and bring on new power generation resources from a large hydroelectric dam in a ...
A new report from the Canadian Centre for Policy Alternative’s (CCPA) Manitoba office: Manitoba Hydro, the Long View argues that the political debate that often erupts around Hydro distracts us from recognizing the benefits we derive from the crown corporation. The utility has featured significantly in recent debates which are similar to the ...
Manitoba Hydro released its annual report today showing a total consolidated net income of $119 million for the fiscal year ended March 31, 2021, an increase of $20 million compared to the previous year. “Strategically adapting to our changing future”, our annual report for the fiscal year ended March 31, 2021.
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Upgrades were also made to our Dorsey, Riel, and Glenboro converter stations. Completed on schedule and under budget in June 2020, the MMTP strengthened the reliability of Manitoba’s electricity supply and increased access to American markets. The budget as of March 2020 was estimated at $490 million.
