Eversource Energy
Despite mild temperatures that dampened its fourth-quarter performance, Eversource posted 2015 results that easily bested its previous year’s earnings.
The decision means the licensing process for the 192-mile Northern Pass transmission line can continue.
The developers of the Northern Pass transmission line may have to fight in court before they turn the first shovel of dirt on their project to deliver Canadian hydropower to the New England grid.
The Energy Department recommended approval of a presidential permit for the New England Clean Power Link, which would transmit 1,000 MW of Canadian hydropower into New England.
Spectra Energy’s Algonquin Gas Transmission asked FERC to grant permission for the pre-filing review on the proposed Access Northeast project by Nov. 13.
The developers of the Northern Pass transmission line have filed for siting approval from New Hampshire with a higher price tag, a slightly altered route and another adjustment in the amount of hydropower the project can carry from Canada.
NSTAR Electric had challenged the sale of five power plants in the Boston area worth about 2,654 MW from various entities to Constellation for $1.1 billion.
The Northeast Energy Direct pipeline project is the best way to lower electricity prices and increase reliability, the staff of the NHPUC said in a report.
The developer of the Northern Pass transmission line that would bring Canadian hydropower to New England has proposed burying 60 miles of the line through scenic areas of New Hampshire, a change that will force a reduction in its capacity.
Several energy companies reported their second-quarter earnings results last week.
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