Power sale extension with Great River Energy
On October 24, 2013, we signed a 200-megawatt seasonal diversity exchange with Great River Energy of Minnesota that runs until 2030.
The new agreement extends a 150-megawatt arrangement that has been in place between the two utilities since 1995.
Seasonal diversity exchanges take advantage of the fact that Manitoba Hydro’s load peaks during winter, due to heating demand. Most U.S. utilities experience their peak loads in the summer, due to higher air conditioning use.
The diversity exchange means Manitoba Hydro will provide 200 megawatts of renewable hydroelectric capacity to Great River Energy in the summer to meet their energy needs, while Great River Energy will provide Hydro with 200 megawatts of capacity during the winter.