Annual Report 2021

Page 24

The power of our people, the force of water

Thanks to the men and women who operate our 61 hydroelectric generating stations, manage our 29 large reservoirs and keep hydropower flowing across our extensive transmission system, we are a major player in eastern North America’s energy transition. Together, we share a mission to ensure the long-term operability of our equipment and facilities for the benefit of present and future generations. We generate and transmit some of the world’s lowestcarbon electricity, with over 99.8% coming from renewable sources. That is a significant, long-term advantage in achieving our goal of being the battery of the U.S. Northeast, as attested by two agreements to supply electricity to New York State and New England. But our hydropower does more than just help decarbonize these regions. In addition to playing a role in stabilizing the cost of electricity thanks to its competitive pricing, it also makes generating power from variable renewables like solar and wind more profitable. The engagement of our people and the abundance of our water resources open up a world of possibilities, today and tomorrow, here and beyond our borders. ANNUAL REPO RT 2 02 1 | 24


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