Manitoba to redirect hydro exports from U.S. for local projects - CBC
Investing.com -- Manitoba is set to redirect some of its hydroelectricity exports from the U.S. to power local projects. The decision comes as the province plans to let two of its hydroelectric agreements, which exported power across the southern border, expire, according to CBC, citing Manitoba Premier Wab Kinew.
The move is part of Manitoba’s effort to "repatriate" power and invest more in Canadian projects as trade tensions with the U.S. persist. Kinew noted that 500 megawatts of export contracts are set to end by the close of the month. The province has decided to utilize this power to bolster its own economy.
One of the expiring export agreements is with a Minnesota-based power company. Kinew stated that he had discussed the matter with Minnesota Governor Tim Walz, who was understanding of the decision.
Despite this, Manitoba will continue to sell electricity to the U.S., Kinew confirmed.
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