DOE okays key permit for Canada-US transmission project
Author: Oran Viriyincy. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.
The US on Thursday gave the green light to the Northern Pass Transmission Line project that will bring up to 1.09 GW of hydropower from Quebec, Canada, to New Hampshire.
In a press statement, the Department of Energy (DOE) said it has approved the so-called Presidential permit for the USD-1.6-billion (EUR 1.36bn) scheme, which allows the line to cross the international border and connect into the US grid. Once New Hampshire’s Site Evaluation Committee give its nod, construction of the line could start as early as April 2018.
The company behind the scheme is Northern Pass Transmission LLC, a unit of Eversource Energy’s (NYSE:ES) Eversource Energy Transmission Ventures LLC. Its proposal, initially launched in 2010, envisages the construction of a 192-mile (309-km) power distribution network with overhead and underground sections. The first section of the facility will be a direct current (DC) line from the Canadian border to Franklin, New Hampshire, where the electricity will be converted into alternating current (AC). Power will be provided by Canadian utility Hydro-Quebec.
According to the developer, the project will see the creation of over 2,600 jobs and will bring more than USD 600 million in energy cost savings per year for New Hampshire consumers.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.