January 29, 2018

Emera parent company, like CMP, to proceed with its clean energy project

About Atlantic Link

Atlantic Link is a 1,000-megawatt high-voltage direct current subsea transmission line to deliver clean energy from Atlantic Canada to Massachusetts. The project includes a new converter station and substation to be constructed at the landing site in Plymouth, Mass., as well as similar facilities at the cable's origination point at Coleson Cove, New Brunswick. Virtually the entire length of the new approximately 375-mile transmission interconnection will be installed underwater. Atlantic Link is being developed by Emera Inc. subsidiary Clean Power Northeast Development.

Emera Inc., the Halifax, Nova Scotia-based parent company of Emera Maine, plans to proceed with its proposed 1,000 megawatt Atlantic Canada and Southern New England project even though it was rejected by evaluators in the Massachusetts Clean Energy RFP.

On Thursday, Central Maine Power Co. announced a similar intention after Massachusetts selected the Eversource Energy's Northern Pass transmission project over CMP's competing $950 million bid to deliver more than 1,000 megawatts of renewable energy from Hydro-Quebec. Northern Pass was the only project whose bid was accepted in the Massachusetts Clean Energy RFP.

Emera Inc. President and CEO Chris Huskilson, issued the following statement Thursday announcing the company's plans to proceed: "Emera has been advised that its proposal regarding the Atlantic Link subsea transmission project will not at this time proceed to negotiation with Massachusetts electric utilities for a long-term contract.

"Connecting New England to new sources of affordable clean energy in Atlantic Canada, along a reliable subsea transmission connection, remains a compelling opportunity that would bring significant value to the market. The project embodies Emera's strategy of delivering cleaner, affordable energy to customers. Atlantic Link's proposed delivery point at Plymouth, Mass., which would repurpose infrastructure that currently serves a retiring nuclear plant, is optimal.

"Emera will continue to advance Atlantic Link, including the project's Presidential Permit application and required approvals from relevant agencies in the United States and Canada, as we assess the outcome of the Massachusetts solicitation and future market opportunities."

CMP spokesman John Carroll told Mainebiz in a phone interview Friday morning that CMP and its parent company, AVANGRID, were confident there will be a "next opportunity" for its New England Clean Energy Connect project, given the strong interest in renewable energy throughout New England and ISO-New England's forecast that 4,600 megawatts of power generation could retire in the next four years.

Carroll said CMP planned to keep to its permitting schedule to be ready for a construction start by mid-2019 if another opportunity arises for its project connecting hydro and wind energy resources in Quebec to the New England power grid.

Read more

N.H. regulators reject $1.6B Northern Pass clean energy project


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