Hydro under shock

A discussion of the potential privatisation of Hydro-Quebec, and of the motivation to do so, was presented. The creation of Hydro-Quebec resulted from the nationalization in 1963 of all major electricity producers in the province of Quebec. Since its inception, Hydro-Quebec has gone through many episodes of restructuring but none more far reaching in extent, or in consequences, than the present one. The current deregulation of the electrical industry in Quebec, and the potential commercialization of Hydro-Quebec is considered to be a natural and inevitable result of the current global trend towards competition in the power industry and the demand for greater consumer choice. 1 tab