For GMP, renewable resources hold the key to the past, the
present and the future. Hydropower, the historic mainstay of the Company's
own instate generation resources, continues to provide low-cost energy to our
customers. GMP's own dams, though, are dwarfed by the huge hydroelectric
projects in Quebec, the Canadian province directly north of Vermont, which
now provides nearly 40 percent of the power needed by our customers. And
windpower, an important component of GMP subsidiary Mountain Energy's
successful energy investments, also will play a role as an indigenous power
source with construction this year of a commercial scale windfarm in southern
Vermont.
The photos on the cover (clockwise, starting from the top left):
GMP's Plant #19 in Essex Junction, a wind farm in Solano County, California,
inwhich GMP's subsidiary, Mountain Energy, has invested, and Hydro-Quebec's
Daniel-Johnson dam.
