Hydro-Québec has announced the commencement of geotechnical and environmental studies for a new hydroelectric dam at Gull Island, investing $10 to $15 million. This project is part of a provisional agreement with Newfoundland and Labrador, which aims to increase the electricity price at the existing Churchill Falls plant and explore new hydroelectric installations. The company is collaborating with local and Indigenous firms for the studies, with a focus on the development of a 2250-megawatt installation. This initiative highlights Hydro-Québec's commitment to renewable energy and local workforce engagement.