Churchill Falls (Labrador) Corporation Limited [CF(L)Co] is owned 65.8 per cent by Newfoundland and Labrador Hydro and 34.2 per cent by ...
Maximizing its profit means that CFCo cannot sell electricity to N.L. Hydro for less than what other customers are prepared to pay. N.L. Hydro might pay a price based on N.L. Hydro’s cost of elsewhere acquiring power and energy equivalent to that offered by CFCo.
Delivery of CFCo electricity to a “non-shareholder” located west or south of Québec would require CFCo to access the 5,000 MW Labrador-Québec transmission lines that currently deliver CFCo electricity to Hydro-Québec.
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