Hydro-Québec launches a 10 G$ energy efficiency plan by 2035

Hydro-Québec announces a 10 G$ investment to enhance energy efficiency through various initiatives by 2035, creating over 5,000 jobs and reducing operating costs for Quebec customers.

Share:

Hydro-Québec unveiled its most ambitious energy efficiency strategy on April 24, 2025, aiming to save the equivalent of 10% of Quebec’s electricity consumption by 2035. The plan comes with an investment of 10 G$ (7.24 G€) to support the economy and improve collective well-being. According to the company, this initiative is three times cheaper than other electricity supply sources.

Energy efficiency, in addition to reducing consumer bills, is expected to create over 5,000 new jobs across the province. The programme includes three major actions, with an initial investment of 2 G$ (1.45 G€).

Key initiatives for consumers

Hydro-Québec has launched a programme allowing residential customers to access Canadian-made smart thermostats for free. The goal is to install more than one million of these devices to help households better manage their energy consumption. Financial support is also available for the purchase of other equipment such as heat pumps.

Optimising commercial and industrial buildings

At the same time, the company is creating a new alliance aimed at improving energy efficiency in large commercial and institutional buildings. The Efficient Solutions programme offers financial support to small and medium-sized enterprises (SMEs), enabling them to reduce their energy bills by up to 20%. Hydro-Québec is also offering personalised assistance to industries to overcome technical and financial barriers to energy modernisation.

Energy standards revision

In collaboration with the government of Quebec, revised energy standards will be introduced to optimise the performance of buildings and industries, contributing to 25% of the expected energy savings in this trajectory.

A turning point for Hydro-Québec

Hydro-Québec aims to strengthen Quebec’s energy independence by combining this efficiency trajectory with other projects, such as the expansion of wind farms and the modernisation of hydroelectric plants. The company is also focusing on integrating other technologies, such as solar, to support its goal of energy independence.

Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.
French greenhouse gas emissions are expected to rise by 0.2% in the first quarter of 2025, indicating a global slowdown in reductions forecast for the full year, according to Citepa, an independent organisation responsible for national monitoring.
The Republican budget bill passed by the U.S. Senate accelerates the phase-out of tax credits for renewable energies, favoring fossil fuels and raising economic concerns among solar and wind industry professionals.
Rapid growth in solar and wind capacities will lead to a significant rise in electricity curtailment in Brazil, as existing transmission infrastructure remains inadequate to handle this massive influx of energy, according to a recent study by consulting firm Wood Mackenzie.
In April 2025, fossil fuels represented 49.5% of South Korea's electricity mix, dropping below the symbolic threshold of 50% for the first time, primarily due to a historic decline in coal-generated electricity production.
The US Senate Finance Committee modifies the '45Z' tax credit to standardize the tax treatment of renewable fuels, thereby encouraging advanced biofuel production starting October 2025.
According to the 2025 report on global energy access, despite notable progress in renewable energy, insufficient targeted financing continues to hinder electricity and clean cooking access, particularly in sub-Saharan Africa.
While advanced economies maintain global energy leadership, China and the United States have significantly progressed in the security and sustainability of their energy systems, according to the World Economic Forum's annual report.
On the sidelines of the US–Africa summit in Luanda, Algiers and Luanda consolidate their energy collaboration to better exploit their oil, gas, and mining potential, targeting a common strategy in regional and international markets.
The UK's Climate Change Committee is urging the government to quickly reduce electricity costs to facilitate the adoption of heat pumps and electric vehicles, judged too slow to achieve the set climate targets.
The European Commission will extend until the end of 2030 an expanded state-aid framework, allowing capitals to fund low-carbon technologies and nuclear power to preserve competitiveness against China and the United States.
Japan's grid operator forecasts an energy shortfall of up to 89 GW by 2050 due to rising demand from semiconductor manufacturing, electric vehicles, and artificial intelligence technologies.
Energy-intensive European industries will be eligible for temporary state aid to mitigate high electricity prices, according to a new regulatory framework proposed by the European Commission under the "Clean Industrial Deal."
Mauritius seeks international investors to swiftly build a floating power plant of around 100 MW, aiming to secure the national energy supply by January 2026 and address current production shortfalls.
Madrid announces immediate energy storage measures while Lisbon secures its electrical grid, responding to the historic outage that affected the entire Iberian Peninsula in late April.
Indonesia has unveiled its new national energy plan, projecting an increase of 69.5 GW in electricity capacity over ten years, largely funded by independent producers, to address rapidly rising domestic demand.
French Minister Agnès Pannier-Runacher condemns the parliamentary moratorium on new renewable energy installations, warning of the potential loss of 150,000 industrial jobs and increased energy dependence on foreign countries.