The following press release was issued by Eversource on July 27, 2017. For relevant materials, click here.
Proposals will offer substantial environmental and economic benefits to consumers in New Hampshire, Massachusetts and New England
MANCHESTER, N.H. (July 27, 2017) – Eversource and Hydro-Québec (HQ) today submitted two comprehensive proposals in response to the Massachusetts Clean Energy solicitation. Both proposals would use the Northern Pass Transmission project (NPT) to deliver significant amounts of clean energy to the New England grid, interconnecting in New Hampshire. The solicitation is the result of a law passed last year by the Massachusetts Legislature to provide for new sources of clean energy for decades into the future. The two proposals are a 100 percent hydropower option and a hydropower and onshore wind combination option, and both highlight NPT’s advanced project development and Eversource’s extensive experience in building and operating the transmission grid in the region.
“Northern Pass is the most mature and comprehensive solution to meet the region’s clean energy goals and will help provide stability over the price and supply of the energy for years to come,” said Lee Olivier, Executive Vice President of Strategy and Business Development at Eversource Energy. “As New England’s largest utility, we are uniquely positioned to deliver on that promise. We are excited to begin delivering the substantial benefits of this project to consumers throughout the region.”
The Northern Pass transmission line begins at the Canadian border in Pittsburg, New Hampshire and extends 192 miles to Deerfield, New Hampshire where it connects to the New England grid. More than 80 percent of the line will be located along existing transmission corridors or buried along roadways to eliminate potential view impacts in the White Mountain National Forest area. NPT will provide a robust, new interconnection path between the Québec and New England electric systems, and will be controlled by the regional system operator, ISO-NE.
Northern Pass will soon be a shovel-ready project with all major state and federal permits expected in 2017. Moreover, all major contractor and equipment contracts are fully executed to begin construction early in 2018. The majority of the project’s construction will take place in 2018 and 2019. A project labor agreement has been executed and is expected to generate thousands of jobs during peak construction for both Granite State and Bay State workers. Northern Pass will be substantially complete by the third quarter of 2020, and following testing, the line will be in service by the end of 2020 – prior to the critical 2020-2021 winter period.
Clean Energy Solutions
The 100 percent hydropower option included in the Northern Pass bid would deliver 1,090 megawatts of clean hydroelectric energy and the associated environmental attributes from HQ’s existing resources. A second option would combine predominantly firm hydropower from HQ with new wind generation located in Québec, provided by a partnership of wind developers, Gaz Métro and Boralex. The wind power will be backed by hydropower and includes Class I Renewable Energy Certificates (RECs). Both options guarantee a firm delivery of 1,090 megawatts of clean energy year round, including winter and summer days when demand for energy is greatest.
Achieving Environmental Benefits and Reducing Costs
Northern Pass will be capable of providing up to 9.4 terawatt hours of clean energy that the Massachusetts legislation requires on an annual basis while helping the Bay State attain the clean energy goals required by its Global Warming Solutions Act. The project will also reduce wholesale energy costs, diversify the region’s energy mix, and help fill the gap created by the retirement of older generating plants. Further, Northern Pass will help reduce reliance on natural gas-fired sources, particularly during the winter months when the gas pipeline system into New England is constrained.
Enabling Enhanced Economic and Community Betterment
In an effort to provide additional benefits, Northern Pass has finalized an agreement with leading Massachusetts low-income advocates, including Action for Boston Community Development, Action, Inc., and the National Consumer Law Center, that commits $10 million in funding to support low-income energy programs and services for Massachusetts low-income customers over 20 years.
As the host state for the Northern Pass project, New Hampshire will receive new property tax revenues and additional benefits to promote community betterment and economic development. The project enjoys strong support from many of New Hampshire’s business leaders, labor organizations and elected officials.
In summary, Northern Pass will help stabilize regional energy prices, provide a firm supply of clean energy, lower greenhouse gas emission, and provide hundreds of new jobs and additional economic benefits for Massachusetts residents. With approval of state and federal permits expected by the end of 2017, all major construction and supplier contracts fully executed, the Northern Pass proposal is the most advanced and comprehensive energy solution for Massachusetts.
Eversource (NYSE: ES) transmits and delivers electricity and natural gas to more than 3.6 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of its approximately 8,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and superior customerservice. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@EversourceCorp) and Facebook (facebook.com/EversourceEnergy).
The Northern Pass is a 192-mile electric transmission line project that will bring to New England 1,090 megawatts of clean hydropower. This reliable and affordable source of power will also bring a wide range of benefits to the region, including millions of dollars in energy cost savings and a significant reduction in carbon emissions. To learn more about Northern Pass, go to www.northernpass.us.
Below is the press release regarding the power purchase agreement between Eversource and Hydro-Québec.
MANCHESTER, N.H. (July 25, 2017) – Public Service Company of New Hampshire (PSNH) d/b/a Eversource Energy and Hydro Renewable Energy Inc. (HRE), an indirect wholly-owned subsidiary of Hydro-Québec, have announced their intent to work to replace their existing Power Purchase Agreement (PPA) with an alternative agreement to provide New Hampshire customers with environmental and potential future economic benefits as part of the Northern Pass Transmission (NPT) project.
“We recognize the importance of delivering value to New Hampshire and are pleased to be cooperating with our partner on a new approach that will result in unique and significant benefits for the Granite State,” said Bill Quinlan, president of Eversource operations in New Hampshire. “PSNH remains firmly committed to pursuing opportunities to lower energy costs for our customers above and beyond the $62 million in annual energy cost savings for New Hampshire consumers.”
“Hydro-Québec is committed to working with Eversource to provide the value of Quebec hydropower environmental attributes to the state of New Hampshire, in addition to the benefits associated with the operation of the Northern Pass Project,” said Steve Demers, Vice-President – Business Development of Hydro-Québec.
In March, the NH Public Utilities Commission (PUC) dismissed the original PPA on the grounds that the agreement was not consistent with the state’s electric restructuring law. A subsequent attempt by New Hampshire lawmakers to address issues raised by the PUC has yet to advance. Importantly, the commitment associated with today’s announcement will be consistent with the PUC’s decision and comes at no cost to New Hampshire customers.
Through the commitment announced today, the parties will work toward an agreement to provide to PSNH the environmental attributes associated with an annual volume of clean energy delivered into the New England region. PSNH would be able to utilize those attributes to satisfy future clean energy requirements and direct any benefits to New Hampshire customers.
There is a clear need to lower energy costs in New England, as well as a growing demand for additional sources of clean energy as the region faces the retirement of many older generating units and the need to achieve the region’s environmental objectives. Together with the competitively-priced and abundant clean energy Northern Pass will provide, the commitment by PSNH and HRE announced today represents significant economic and environmental benefits for New Hampshire.
Eversource (NYSE: ES) is New Hampshire’s largest electric utility, serving more than 500,000 homes and businesses in 211 cities and towns and is proud to be recognized as the top contributor to United Way in New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of its approximately 8,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and superior customer service. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@eversourceNH) and Facebook (facebook.com/EversourceNH).
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.
The New Hampshire Public Utilities Commission (NHPUC) announced on Friday, October 14 that Northern Pass has the technical, managerial, and financial expertise to operate as a public utility once the project is fully permitted, and that it is in the public good for the project to do so.
As a public utility, Northern Pass operations will be subject to the jurisdiction of the NHPUC once the project is in service. This is consistent with how other transmission owners operate in New Hampshire.
“This approval is another milestone for the project, which promises to deliver significant environmental and economic benefits, as well as energy cost savings to New Hampshire,” said Bill Quinlan of Eversource. “We look forward to continuing to move through the state and federal siting processes with the goal of making the benefits of Northern Pass a reality for the state’s energy consumers.”
In addition to granting Northern Pass public utility status, the NHPUC order formalizes Northern Pass’ commitment to provide $20 million ($2 million a year for 10 years) for programs or initiatives approved by the NHPUC that advance clean energy innovation, community betterment, and economic development in New Hampshire, including energy efficiency programs. The funding for these initiatives will come from the Forward NH Fund, which will be established by Northern Pass to provide unique benefits to New Hampshire.
This approval by the NHPUC follows another key regulatory milestone for Northern Pass. In July, Northern Pass was granted an I.3.9 permit from the regional grid operator, ISO New England, which officially determined that the clean energy project can safely and reliably interconnect with the regional electric grid.
You can view the NHPUC order on Public Utility Status here.
A new emergency radio transmissions antenna in the North Country is enhancing public safety by providing service in areas that were previously dead-zones. The new equipment has made it possible for first responders to dispatch and receive critical information during an incident in areas where service was historically limited.
“We appreciate the enhanced radio service that is possible thanks to funding from Northern Pass,” said Gerry Marcou, Coös County Sherriff. “The new technology facilitates our deputies’ work to protect the citizens of Coos County, making our police force more efficient and our community safer.”
Before this new equipment was installed on Morse Mountain cell tower in Groveton, there were areas where first responders were unable to communicate with each other at all. The new technology has made it possible for first responders to use portable radios at the scene of an incident. The new radio system went live in September, providing greatly enhanced radio communications to Whitefield, Dalton, Jefferson, Lancaster, Northumberland, Stark, Stratford and Lunenburg, Vermont.
“If we are responding to an emergency inside a home and something changes drastically, we are able to immediately call for back-up,” said Steven Jones, Assistant Fire Chief of Lancaster. “With this system, we have seen a significant improvement in the efficiency of our communications.”
Additionally, the new equipment is making it easier for communities to call for and provide mutual aid during major emergency events.
“The majority of our firefighters are volunteers,” Jones said. “Prior to the installation of the radio equipment, if a volunteer firefighter lived in a dead zone, they wouldn’t get the call. Thanks to this emergency radio equipment, we are able to direct our personnel to an emergency more quickly and efficiently.”
The Northern Pass Transmission Project, as part of its Forward NH Plan, funded the installation of the public safety service antenna, and will continue to pay the associated annual rental expense. This new emergency radio equipment will build upon the success in filling gaps in the region’s broadband and cellular coverage achieved with the construction of the Morse Mountain cell tower, which was also funded in part by the Northern Pass project.
The emergency radio equipment is one of a number of commitments by Northern Pass as part of its Forward New Hampshire plan. The project also funded the recent installation of LED streetlights in Lancaster and an electric vehicle charging station at Roger’s Campground in Lancaster.
LANCASTER, New Hampshire (July 29, 2016) – Local electricians are completing the installation of high-efficiency LED streetlights in the North Country town of Lancaster. The improvement will result in significant energy efficiency savings for the town and enhance its downtown area.
The conversion of approximately 260 street lights to energy-efficient light fixtures was funded by the Northern Pass Transmission project as part of its Forward New Hampshire plan. The replacement will reduce Lancaster’s street-light energy consumption by about 63,000 kilowatt hours a year.
“Converting to LEDs will modernize our streetlights, reduce energy consumption and provide savings,” said Lancaster Town Manager Ed Sampson. “And, thanks to the Northern Pass grant, this project will move forward at no cost to the taxpayers.”
A light-emitting diode, or LED, is a type of solid-state lighting that uses a semiconductor to convert electricity into light. LED bulbs last longer, are more durable and offer a higher quality of light than other types of lighting, according to the Department of Energy (DOE).
“The savings are huge in terms of dollars,” said Randy Perkins, Eversource Strategic Account Executive. “Switching to LED streetlights can result in more than 60 percent energy savings, and because they last up to 90 percent longer than traditional lights, they also result in savings on maintenance. Additionally, LED lights are more aesthetically pleasing and spill less upward light into the sky, reducing light pollution.”
A handful of communities in the Granite State have converted to LED streetlights to date, including Manchester, Allenstown, Goffstown, Franklin and Derry. The Lancaster project is the first in New Hampshire’s North Country.
“Investing in energy efficiency enhancements is one of the best ways for communities and businesses to reduce operating costs,” said Paul Ramsey of Eversource. “We are pleased to work with Lancaster on such an impactful energy efficiency project.”
The contractor completing the LED installation in Lancaster is Ray’s Electric of Berlin, a local business that has been operating in the North Country since 1957.
“We are proud to serve our neighbors in Coös County and are excited to complete a project that will generate cost savings for the town, as well as provide enjoyment for tourists and residents visiting downtown Lancaster,” said Steve Binette, President of Ray’s Electric.
The LED street-light installation is one of a number of commitments by Northern Pass as part of its Forward New Hampshire plan. The project also funded the recent installation of an electric vehicle charging station at Roger’s Campground in Lancaster.
For more information about LED lights, check out the DOE’s list of The Top 8 Things You Didn’t Know about LEDs.
About Northern Pass – The Northern Pass is a 192-mile electric transmission line project that will provide New Hampshire and New England up to 1,090 megawatts of clean hydropower. This reliable and competitively-priced power will also bring a range of benefits to New Hampshire, including hundreds of millions of dollars in energy cost savings, additional tax revenue, and thousands of jobs during construction and beyond. To learn more about Northern Pass, go to www.northernpass.us. You can also email questions to email@example.com or call 1–800–286–7305.
LANCASTER, N.H. (May 20, 2016) – A state of the art electric vehicle (EV) “Fast Charger” station has been installed at Rogers Campground in Coös County and is now available for public use. The fast charger, the first to be located in New Hampshire’s North Country, was purchased and installed with a grant from the Northern Pass Transmission project “Forward New Hampshire Fund.”
“EVs are here and more are on the way,” said Crosby Peck, owner and operator of Rogers Campground. “I am already seeing some campers with electric cars attached to their RVs. This fast charger will attract a segment of our tourist population that I expect will continue to grow each year. I appreciate the support of Northern Pass in providing the necessary funding.”
By using the fast charger, new and future generations of electric cars can be almost fully charged in about 20 minutes. The station helps fill a coverage gap for the important technology. It is the only such fast charger station in New Hampshire north of Nashua and Salem.
“This is exactly the type of initiative we envisioned when we developed the Forward New Hampshire Fund,” noted Paul Ramsey of Eversource. “It will support tourism, which is so important to the state, and it’s an innovative clean energy solution.”
“This is one of a limited number of advanced commitments of the Forward New Hampshire Fund,” Ramsey said. “The fund will be officially established when the Northern Pass project enters into operation. At that time an Advisory Board, including representatives of the North Country, will review funding opportunities and make recommendations for funding. We look forward to more opportunities like this in the future.”
The station at Rogers Campground includes plugs for two specific fast charger standards, “CHAdeMO” and “SAE CCS.” EVs that utilize the technology include:
“Electric vehicles are an important and growing segment of the nation’s transportation future,” noted Watson Collins, Eversource Manager of Business Development. “New Hampshire’s Energy Strategy focuses on EVs as an important tool in reducing reliance on imported fuels. This new fast charger station is key to providing current and future EV drivers with a sense of security that they can quickly, and cleanly, charge up and get back on the road.”
About Northern Pass – The Northern Pass is a 192-mile electric transmission line project that will provide New Hampshire and New England up to 1,090 megawatts of clean hydropower. This reliable and competitively-priced power will also bring a range of benefits to New Hampshire, including hundreds of millions of dollars in energy cost savings, additional tax revenue, and thousands of jobs during construction and beyond. To learn more about Northern Pass, go to www.northernpass.us .You can also email questions to firstname.lastname@example.org or call 1-800-286-7305.
WHITEFIELD, New Hampshire (May 19, 2016) – The New Hampshire Site Evaluation Committee today heard oral arguments on a procedural schedule for the Northern Pass’ application. After deliberation, the SEC voted to establish September 30, 2017 as the deadline by which it will provide a written decision on Northern Pass’ application for a Certificate of Site and Facilities.
“Today’s decision by the NH Site Evaluation Committee to extend the time frame for assessing Northern Pass is disappointing, since it will only delay the realization of the substantial benefits of this project in New Hampshire and throughout New England,” said Bill Quinlan, President, Eversource New Hampshire Operations. “We look forward to the written order outlining the details of this schedule, and in the meantime will be evaluating our options for seeking reconsideration.”
Despite today’s ruling, the New England governors all agree that the region needs new sources of clean energy to help stabilize the price and supply of electricity and to meet the states’ clean energy goals. Northern Pass will deliver 1,090 MW of clean, renewable electricity to New England and New Hampshire, and create a rare combination of economic and environmental benefits. This includes reducing greenhouse gas emissions by up to 3.3 million tons a year, while simultaneously providing $3.8 billion in economic stimulus in New Hampshire, reducing the electricity costs of New Hampshire customers by more than $80 million annually, creating more than 2,600 New Hampshire jobs at peak construction, generating an estimated $600 million in new taxes, and providing $200 million in funding for community betterment, economic development, clean energy and tourism. These benefits will be accomplished at no cost to New Hampshire customers.
The Northern Pass is a 192-mile electric transmission line project that will provide New Hampshire and New England up to 1,090 megawatts of clean hydropower. This reliable and competitively-priced power will also bring a range of benefits to New Hampshire, including hundreds of millions of dollars in energy cost savings, additional tax revenue, and thousands of jobs during construction and beyond. To learn more about Northern Pass, go to www.northernpass.us .You can also email questions to email@example.com or call 1-800-286-7305.
The following press release was issued Thursday morning.
MANCHESTER, N.H. April 21, 2016 – Northern Pass Transmission LLC has secured agreements with a highly experienced team of contractors and material suppliers who will execute the engineering, design and construction of the Northern Pass transmission line once the project receives state and federal permits.
“The knowledge and expertise these industry-leading companies bring to the project will complement the strengths that Eversource and Hydro-Québec have demonstrated as award-winning energy project developers,” said Bill Quinlan, president of Eversource Operations in New Hampshire. “Securing agreements with these contractors now puts Northern Pass in a strong position to begin the construction phase as soon as all permits are secured.”
Project construction partners include:
PAR Electrical Contractors, Inc. (PAR) will serve as the General Contractor for the project, responsible for overall project management, schedule and cost control, coordinating the work of all contractors and material suppliers, and procuring materials as needed. PAR will construct all overhead portions of the lines, build all substations and transition stations, install the duct bank, and perform the horizontal directional drilling on the underground segments of the line. PAR’s New Hampshire office is in the town of Bow. The company is a subsidiary of Quanta Services, which is the largest transmission and distribution specialty contractor in North America.
Burns and McDonnell Engineering Company, Inc. is an engineering and design firm based in Kansas City, Missouri, with offices throughout New England, including Manchester. Burns and McDonnell has been working with Northern Pass since the early stages of its development and will continue to be engaged as part of the project team.
ABB is a global leader in power and automation technologies. It will engineer and fabricate the underground DC cable and the converter station in Franklin, as well as equipment at the Deerfield substation required to support interconnecting the Northern Pass line to the regional electric grid.
M.J. Electric, LLC (MJE), another subsidiary of Quanta Services, will work with ABB to engineer and construct the converter station.
Northern Pass has also secured prices on all significant materials and equipment that will be used to build both the overhead and underground portions of the line, which helps solidify the project cost estimate of $1.6 billion.
In 2015, Eversource announced its New Hampshire First jobs initiative, including its commitment to hiring New Hampshire workers whenever possible for construction of Northern Pass. Eversource is partnering with local non-union contractors and electrical workers’ unions to help construct and maintain more than $2 billion in proposed energy projects throughout the state, including Northern Pass.
“Northern Pass will provide a unique opportunity to work on one of the largest infrastructure projects in state history,” said Quinlan. “I have spoken to many highly-skilled men and women around the state who are eager to work on a multi-year project close to home. The project is going to provide significant opportunities for a wide range of New Hampshire workers.”
In the coming months, Northern Pass and its contractors will host events throughout New Hampshire that will provide local subcontractors an opportunity to discuss the general construction approach for the project, including the sequencing of the work, what local skills and resources will be required, and how the hiring process will occur. Northern Pass will create 2,600 jobs during construction, including: logging, excavating, gravel, trucking, concrete, electrical utility work, paving, fencing and landscaping. In addition, the project will require other general services and materials, including traffic control, security, equipment rental, waste management, among others.
Northern Pass is a 192-mile high-voltage transmission line that will connect New Hampshire and the New England electric grid to 1,090 megawatts of clean, renewable hydropower generated in Canada. The project is currently in the process of securing state and federal permits, and is projected to begin construction in 2017 and be operational in mid-2019.
Eversource (NYSE: ES) transmits and delivers electricity and natural gas for more than 3.6 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. Recognized as the top-ranked “green” utility in the U.S. by Newsweek magazine, Eversource harnesses the commitment of its approximately 8,000 employees across three states to build a single, united company around the mission of delivering reliable energy and superior customer service. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@EversourceCorp) and Facebook (facebook.com/EversourceEnergy).
The following press release was issued Thursday morning.
MANCHESTER, New Hampshire (January 28, 2016) – Northern Pass Transmission (NPT) today submitted a comprehensive proposal to Massachusetts, Connecticut and Rhode Island in response to a joint Clean Energy RFP. The NPT proposal will substantially reduce both energy prices and greenhouse gas emissions, improve winter reliability issues and add much-needed fuel diversity to the region’s energy mix—all while providing unmatched benefits and value for New England electric consumers.
“Our proposal offers the cleanest, most reliable and cost-effective energy product in the marketplace today,” said Tom May, Eversource Chairman, President and CEO. “We are ready to move ahead with our partner, Hydro-Québec (HQ), to help solve New England’s clean energy challenges.”
Northern Pass will bring 1,090 MW of clean, reliable hydroelectricity from HQ’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. Both the New Hampshire and Québec portions of the line are advancing in the siting process, and the project is on-track to be in service in May, 2019. NPT’s bid includes a fixed construction price of $1.6 billion, with the project seeking recovery of a portion of that cost from utilities participating in the solicitation. New Hampshire customers will not pay for the construction of the project.
Hydro-Québec: Providing a Firm Supply of Clean Power All Year Long
HQ is providing a unique delivery commitment to ensure that at least 6.3 terawatt hours (TWh) of firm hydro power from existing resources will be delivered into New England when customers need it the most—during peak demand periods and throughout the year when supplies are scarce and prices are at their highest. This proposal ensures that a guaranteed annual amount of energy is delivered to the New England wholesale energy market at prevailing market prices. HQ will transfer and verify the environmental attributes of the delivered power.
“Hydro-Québec has been a major participant and ally in the New England market for decades now but we can do more, through the guaranteed deliveries that are being proposed in this bid, to help the region meet its greenhouse reduction goals,” said Éric Martel, Hydro-Québec’s CEO. “We firmly believe that this project is an important part of the solution to expanding New England’s clean energy supply and offers increased reliability for both the Québec and New England grids.”
Substantial Clean Energy & Economic Benefits
Northern Pass will reduce carbon dioxide emissions by about 3 million tons a year, helping the region meet future clean energy requirements. In addition, the project will substantially lower and stabilize energy prices, generating billions of dollars in associated business and residential customer savings. With 6,200 direct and secondary jobs during the peak construction period and $600 million in new taxes, Northern Pass will have a significant economic impact in the region.
A World Class Construction Team – Extensive Cost Containment Steps
NPT and HQ have assembled a highly experienced team of contractors and equipment suppliers to complement our strengths as experienced, award-winning project developers. Accordingly, the project’s fixed construction price bid is the result of agreements reached with strategic partners, including Quanta Services, the largest transmission and distribution specialty contractor in North America, who will serve as the general contractor and assume the construction risk. Northern Pass has taken the additional steps to secure pricing on all materials and equipment, including with ABB, who will engineer and construct the underground DC cable and the converter station in Franklin, New Hampshire. All strategic partners have pledged to adhere to Eversource’s “New Hampshire first” commitment in considering qualified, local contractors and workers for project positions before hiring elsewhere.
“We’ve developed this bid as a cost-effective solution to the region’s energy needs, and because we believe it is a win-win for New England consumers,” said Bill Quinlan, President of New Hampshire Operations for Eversource. “Connecticut, Massachusetts and Rhode Island have the opportunity to advance their clean energy goals, while New Hampshire will not only share the inherent clean energy benefits, but will also receive substantial economic and environmental benefits unique to the Granite State.”
The Northern Pass is a 192-mile electric transmission line project that will bring New Hampshire and the rest of New England 1,090 megawatts of clean hydropower. This reliable and affordable source of power will also bring a wide range of benefits exclusively to New Hampshire, including millions of dollars in energy cost savings, additional tax revenue, and jobs during construction. To learn more about Northern Pass, go to www.northernpass.us. You can also email questions to firstname.lastname@example.org or call 1-800-286-7305.
Eversource (NYSE: ES) transmits and delivers electricity and natural gas for more than 3.6 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. Eversource harnesses the commitment of its more than 8,000 employees across three states to build a single, united company around the mission of delivering reliable energy and superior customer service. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@EversourceCorp) and Facebook (facebook.com/EversourceEnergy).
Hydro‑Québec generates, transmits and distributes electricity. Its sole shareholder is the Québec government. While using mainly hydroelectric generation, it supports the development of other technologies—such as wind energy and biomass—through purchases from independent power producers. It also conducts R&D in energy-related fields, including energy efficiency. The company has four divisions: Hydro-Québec Production, Hydro-Québec Transénergie , Hydro-Québec Distribution and Hydro-Québec Équipement et services partagés and Société d’énergie de la Baie James (SEBJ), a subsidiary of Hydro‑Québec. For more information, please visit our website and follow us on Twitter (@HydroQuébec)