Natural resources: adjusting and innovating - Hydro-Quebec in the global age

Although it is believed that the information economy is replacing the mass economy, many companies continue to grow on economies based on natural resources. Recent aggressive growth by Hydro-Quebec in the highly competitive market for energy products was singled out as one of the success stories. Among other things, Hydro-Quebec was reported to focus attention on the globalization of electricity products, particularly in Asia, Europe and Africa. The corporation was said to cooperate with other utilities companies such as Ontario Hydro and Power Asia Assets Corporation to diversify its markets abroad. Hydro-Quebec is also marketing new products, developed in its laboratories and by subsidiaries, such as power system simulators and power system planning and management systems, on a global scale