Manitoba Hydro may needs billions of dollars worth of upgrades for aging infrastructure. As of 2023, hydro says it’s spending more than half a billion dollars on annual capital maintenance. A November 2022 capital asset forecast from Manitoba Hydro, connected to a rate application, says the Crown corporation needs to spend an additional $200 million a year to upgrade aging transmission lines and generating stations. “Many key asset populations will require significant capital intervention in the next ten to twenty years in order to avoid accelerated system performance degradation and diminished supply,” said Corporate Communications Director Scott Powell. Powell said this is no
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