Champlain Hudson Power Express (CHPE)
New York regulators authorized the Champlain Hudson Power Express to begin construction on the line, which will deliver Canadian hydropower to New York City.
Champlain Hudson Power Express it closed on the financing needed to build its roughly $6 billion underground transmission line linking Quebec and New York City.
Rhododendrites, CC BY-SA 4.0, via Wikimedia Commons
NYISO’s draft Reliability Needs Assessment found no reliability issues until 2032 but identified tightening transmission security and resource adequacy margins.
NYISO recommended removing NY-PJM IROL limitations as well as highlighted and approved manual updates related to ancillary services and reliability needs.
NYSERDA has requested another year to set up the system of renewable energy credits that is part of the state’s plan to bring clean energy into New York City.
New Jersey hopes for “horse trading” with other PJM states over the cost of transmission needed to integrate offshore wind and other renewables.
The NY PSC authorized developers of the Champlain Hudson Power Express to take on up to $6 billion in debt to build the line from Quebec to New York City.
Expansion of the transmission grid to accommodate decarbonization will require humility from developers and support by states, speakers told an AEE webinar.
New York regulators approved two 25-year state contracts to buy electric power from the Clean Path New York and the Champlain Hudson Power Express projects.
The New York PSC lauded Central Hudson Gas and Electric and assisting parties for their quick response to outages stemming from the early February blizzard.
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