Pact sparks power line process
"Joint proposal" helps pave way for state to approve transmission line project
By Larry Rulison
Friday, February 24, 2012
ALBANY — The developers of a proposed 330-mile underground transmission power line from Quebec to New York City have reached a settlement with about a dozen government and environmental groups that helps pave the way for its approval by state regulators.
On Friday, attorneys for the Champlain Hudson Power Express issued what's called a "joint proposal" to the state Public Service Commission for its consideration.
Read more: http://www.timesunion.com/business/article/Pact-sparks-power-line-process-3359830.php#ixzz1nPMPMEJ0
1 comment:
This Champlain-Hudson power line will add considerable baseload supply to metro NYC on a steady reliable basis. An intermittent wind farm in in Jefferson or St. Lawrence County won't and can't.
And this Champlain-Hudson power line will be built with no direct Treasury cash grants and no federally guaranteed loans and no federal tax breaks, and no NYSERDA grants...Private investment will get it done, because it makes good engineering and financial sense. How refreshing is that?
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