If built, the 1,000-megawatt power cable would establish a long-term funding source for a pollution-reduction effort on Lake Champlain that has been mandated by the federal government.
TDI New England now has two of three required permits for the cable, which would run under most of the length of Lake Champlain.
The board said it issued a certificate of public good to TDI because the project diversifies energy sources, reduces greenhouse gas emissions, creates new jobs, generates tax revenue and potentially supplies cheaper energy.
The U.S. Department of Energy on Thursday issued its final environmental impact statement for a 154-mile high-voltage transmission line that would run beneath Lake Champlain. The $1.2 billion, 1,000 megawatt transmission line, proposed by TDI New England and known as the New England Clean Power Link, would carry hydroelectric and wind power generated in Canada […]
The $1.2 billion, 1,000 megawatt New England Clean Power Link would carry hydroelectric and wind power generated in Canada to metropolitan energy markets in the Northeast.
Developer of a proposed electric transmission line under Lake Champlain more than doubles its contribution to water quality improvements.
Department of Energy study favors a $1.2 billion project proposed by TDI New England, saying it would help meet regional energy needs.
TDI New England is seeking state OK to build a 154-mile power transmission line under Lake Champlain and over to Ludlow. State would receive compensation but none of the electricity.
The developer of a proposed 150-mile high-voltage transmission line through Vermont said Monday it will host six public meetings in communities affected by the project. TDI New England, a subsidiary of the financial services firm Blackstone Group, plans to build a privately funded “merchant” transmission line to bring Canadian hydropower to southern New England energy […]
The proposed New England Clean Power Link would save New England customers approximately $2 billion over the first 10 years of operation, create approximately 2,000 jobs and generate $400 million annually in new economic activity according to a detailed economic impact study of the project conducted by London Economics International which was released today.
The project, called New England Clean Power Link, would pass a line beneath Lake Champlain and connect with a converter station in Ludlow.
Under a New England-wide initiative, underwater line would carry New York-produced wind power to Vermont
TDI New England announced today that it has named Josh U. Bagnato as the project manager for the New England Clean Power Link transmission project.