Commodities Focus Hydro Québec CEO spells out export plans, challenges of energy transition
New York has one of the most aggressive decarbonization plans in the country through its Climate Leadership and Community Protection Act, which sets goals for building several gigawatts of renewable energy capacity, including offshore wind, battery storage and the transmission lines to connect those resources with urban demand centers, particularly New York City.
In this edition of the Platts Commodities Focus podcast, Jared Anderson, senior writer with S&P Global Platts, speaks with Sophie Brochu, CEO of Hydro Québec, whose company is active in the transition to cleaner energy sources and has submitted a proposal to transport hydropower from Québec’s large network of reservoirs into New York City via a high-voltage direct-current transmission line.
Additionally, Kieran Kemmerer, power market analyst with S&P Global Platts Analytics, offers perspective on the outlook for New York's clean energy ambitions and how the state’s goals could impact power supply, demand, and pricing dynamics.