Strategic Plans for Nalcor Energy and Newfoundland and Labrador Hydro (Hydro) are developed taking into account the strategic directions of the Provincial Government in relation to the energy sector. The strategic directions include:
- Increased exploration and development of mining and energy resources
- Responsible resource development
- Ensure maximum benefits to the province through the strategic development of our resources
- Stable and competitive energy supply for domestic use and export to market
The missions, goals, and objectives of both Nalcor and Hydro presented in the Strategic Plan support the achievement of these strategic directions.