Manitoba Hydro crews are working to safely restore power after a large number of outages across the province this weekend. High winds, in some cases gusting to 100 km/h, damaged power lines, utility poles and other equipment. Additional staff have been called in to help with repairs.
Manitoba Hydro released its 2023-24 annual report which shows a consolidated net loss of $157 million attributable to Manitoba Hydro for the fiscal year ended March 31, 2024. This compares to a consolidated net income of $638 million the previous year.
Manitoba Hydro has confirmed the death of one of its employees that occurred during the morning hours of August 8, 2024, at a Hydro work site located in the Interlake.
Finance Minister Adrien Sala, minister responsible for Manitoba Hydro, announced that Manitoba Hydro will resume operations of its international consulting business Manitoba Hydro International (MHI).
Ben Graham, Chair of the Manitoba Hydro-Electric Board announced that Allan Danroth has been named as the new President and Chief Executive Officer of Manitoba Hydro, effective August 6, 2024.
Manitoba Hydro announced that Jay Grewal is leaving the Crown utility after five years in the position. In addition, Manitoba Hydro-Electric Board Chair Ben Graham said that Hal Turner, the utility’s current Vice-President of Asset Planning and Delivery, will act as interim president and CEO effective immediately.
The Manitoba government has announced that it has appointed a new board of directors for Manitoba Hydro that is focused on affordability for Manitobans.
Deputy Prime Minister and Finance Minister Chrystia Freeland, along with Manitoba Premier Wab Kinew, recently announced a joint investment of $475.6 million to strengthen Manitoba’s clean electricity grid.
Manitoba Hydro’s second annual Environmental, Social and Governance (ESG) report, released this week, outlines the Crown Corporation and its employees’ support of the communities it serves and its priorities to continue to provide Manitobans with reliable, affordable energy.
Manitoba Hydro recently released its first-ever Integrated Resource Plan (IRP), which shows electrical demand in the province could more than double in the next 20 years – and new sources of electricity could be needed within the next decade.
