The energy market is a fascinating topic!
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.