Regarding surpluses, it is important to specify that the contracts we signed were based on electricity production from existing power plants in Quebec. We have been very cautious then in everything we have done, by keeping a close eye on firm commitments. I am referring to firm commitments in Quebec—that is, demand and load in Quebec—and firm commitments in the markets we have now in New York and Massachusetts. Therefore, our existing resources allow us to meet our firm commitments both in Quebec and in the markets.
It's important to note, however, when discussing the future and the need to keep pace with anticipated demand growth, that it will take new facilities, investments and meeting this future demand when it arises and materializes.
Right now, we see that demand is growing, and we are in the process of rolling out our action plan, which spans a period extending through 2035. We will gradually invest nearly $200 billion in new energy production infrastructure, which will be in place in time to meet this growth in demand.
Until we are able to deploy these new resources, we have the flexibility to withdraw from short-term markets. In terms of exports, short-term markets involve transactions that are not tied to contracts. On the hourly market or the so-called day-ahead market, we bid on transactions. It is based on our surplus. Should we have less flexibility, we are able to withdraw from these markets to focus more on our firm commitments.
Thus, the strategy is extremely cautious, to ensure that we can meet our obligations at all times, both those in Quebec and those related to our contracts.