Crown provincial utility Hydro-Quebec in Canada will provide C$100,000 over two years to an initiative that will develop and implement a modeling tool for climate change researchers.
Hydro-Quebec President and Chief Executive Officer Eric Martel made the announcement Aug. 28 at a signing ceremony in Boston.
The research initiative is being spearheaded by the Massachusetts Institute of Technology in the U.S., Ouranos in Montreal and business school HEC Montreal.
The tool will focus on Quebec and New England and will seek to identify opportunities for optimal expansion of renewable energy sources in the two regions, including expanded trade in electricity, according to a press release. Within the context of Hydro-Quebec’s international strategy, cooperation with these research centers will help the company advance its robust R&D agenda on the regional and global levels, the company said.
“Hydro-Quebec is pleased to be a part of the development of an integrated renewable energy policy model that would help inform decision-makers on both sides of the border, expand the regional, cross-border trade in clean electricity, and reduce greenhouse gas emissions across the continental northeast and ultimately North America,” Martel said.
Hydro-Quebec has total installed capacity of 36,912 MW and uses water to generate more than 99% of its electricity.