Posted on October 25th, 2016 by

Eversource was notified yesterday that our Northern Pass Transmission project was not chosen as part of the three-state Clean Energy RFP (request for proposals).  We recognize that this RFP was primarily focused on satisfying Class 1 renewable energy (wind and solar) requirements of the participating states, and NPT was among other project proposals that did not strictly meet that criteria.

We are now focusing our efforts on the next round of contracting immediately around the corner — most specifically in Massachusetts.  We are encouraged that Governor Baker and the Legislature have spoken by passing a landmark law that enables long-term contracting for large-scale hydro projects and requires an RFP to take place in the spring of 2017.  Northern Pass is well positioned to respond to the region’s call for clean, large-scale hydropower.

“We are pleased with the key approvals the project continues to receive, and look forward to participating in the April solicitation for large-scale hydroelectricity,” said Bill Quinlan, President of Eversource NH Operations.  “The region’s energy landscape is shifting quickly.  Northern Pass, with its 1,090 MWs of clean hydro-power, and permitting well underway on both sides of the border, is in a strong position to play an important role in helping the region achieve a cleaner energy future.”

“New England is leading the U.S. in transition to a clean energy future and Hydro-Québec, as your long-standing ally in the energy sector, is happy to be a part of that future,” said Steve Demers, Vice President, Business Development, Acquisitions and Strategy for Hydro-Québec.  “With the Northern Pass project, Hydro-Québec will be in a position to greatly increase its supply of clean hydropower to New England, helping to keep electricity prices stable and bringing the region closer to meeting its emission reduction goals.”

We know that a mix of clean energy sources will be needed to solve our region’s energy challenges given our strong commitment to reducing carbon emissions, as well as the planned base load generation retirements on the horizon.  We are pleased to see the states moving ahead with Class 1 renewables (solar and wind) as part of this solicitation. However, significantly more is needed and Northern Pass is designed to meet that need.

ISO-New England has identified the region’s electricity supply situation as “precarious” in winter and we know the time to act is now.  Northern Pass will provide substantial reliability, economic and environmental benefits to the region.

Northern Pass will bring its clean, reliable hydroelectricity from Hydro-Québec’s existing resources over a high-voltage transmission line extending from Des Cantons substation in Québec to Deerfield, New Hampshire where the line will interconnect to the New England electric system.  The power delivered by Northern Pass will reduce carbon dioxide emissions by up to 3.3 million tons a year, the equivalent of taking about 690,000 cars off the road.

Beyond helping to meet regional clean energy goals, Northern Pass will deliver unique and substantial benefits to New Hampshire, including a power purchase agreement that will dedicate a specific portion of Northern Pass’s clean hydroelectricity to Eversource New Hampshire customers, 2,600 construction jobs with a commitment to hire New Hampshire workers first, over $600 million in new tax revenue, and $200 million for New Hampshire economic, community development and clean energy initiatives through the Forward NH Fund.

Posted on October 25th, 2016 by

Posted In: Environment, Press Releases

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