ABB_id2059
in News Departments > FYI
print the content item

National Grid and Emera Inc., the parent company of Nova Scotia Power and Bangor Hydro-Electric Co., have announced plans to partner on the development of the Northeast Energy Link transmission connection.

National Grid will join Emera and Spectra Energy, which are working to evaluate the feasibility of a new electric transmission line from northern Maine and maritime Canada to supply energy to the southern New England market.

The Northeast Energy Link would provide the New England market with new access to a portfolio of existing and future renewable generation developments in both northern Maine and Atlantic Canada. This would provide reliable and cost-effective electricity to the growing New England market and assist state governments in achieving their environmental objectives.

According to Emera, additional benefits and market efficiencies include support of New England's renewable portfolio standard targets, stable electricity costs for New England customers and increased reliability within the New England Independent System Operators and the Maritime provinces.

The new transmission infrastructure would be built in a multi-phase project that would initially provide for 660 MW of electricity transfer from Atlantic Canada and northern Maine directly to Massachusetts.


Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

High Net-Worth Investors Claim ‘All Of The Above’ On Energy; Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.


Report: Policy Uncertainty Fuels Market Exodus As Firms Bolt North American Wind Industry

The global wind energy supply chain has yet to recover from the slump that began in 2013. In fact, many segments are undergoing a transformation, according to market research firm FTI Consulting.

Hybrid Energy Innovations 2015