Discover The Industry
Manitoba Predicts a Significant Loss Because of Drought
Manitoba Hydro, a Canadian utility, released its second report for 2021 to 2022, forecasting a roughly $400 million net reduction in hydropower export revenues because of continuous drought. For that reason, the organization expects a loss that may reach $190 million minimum. Manitoba Hydro initially expected a net income equivalent to $190 million for the same fiscal year in its 2020 to 20201 fiscal year annual report. Precipitation during the late fall and cold season can contribute to the loss …
Read More
Read More
Why is Canada a Power Titan: How Does the Country Help the US with its Hydropower
The United States is the world’s most powerful military and economy and the world’s leading producer of fossil energy. China is increasing in power, lifting over 500 million individuals out of poverty within 30 years. The country is set to dominate the US as the world’s largest economy in the coming decade, with considerable investments worldwide. However, China has become the world’s no. 1 greenhouse gas emitter. How about Canada? Although Canada is lesser in population compared to China and …
Read More
Read More
