With regard to our exports, we do not publish real time data, which changes constantly, on our Web site. Outside of Québec, we sell our electricity at wholesale market prices. Just like the stock market, this price fluctuates based on supply and demand at a specific moment on a given market.
Our energy traders sell our electricity at the time when the price is most beneficial in order to generate profits for Québec.
There are also more long-term export contracts. The prices related to these contracts are negotiated with customers taking into account their future energy requirements. They also generate profits for Hydro-Québec.
Electricity sales outside Québec are calculated in energy and in 2014 corresponded to 26.6 TWh (32.2 TWh in 2013). In 2014, the average export price for all our markets was around 6 ¢/kWh. Note that this is a wholesale price; it does not include transmission and distribution costs. As such, it cannot be compared with Hydro-Québec’s rates, which include all these costs.
Our exports accounted for $814 million of Hydro-Québec’s net income in 2014.