PORTLAND (AP) — Two international energy companies are proposing a $2 billion project that would carry renewable power from northern and eastern Maine and the Canadian Maritimes to Massachusetts through underground wires along interstate highways.
The Northeast Energy Link would primarily serve wind farms to be built in Maine, as well as hydro, wind and other generation sources in Canada.
Promoters say the project could lower energy costs by $714 million for Maine customers over 30 years, and generate revenue from lease payments and local taxes.
Nova Scotia-based Emera Inc. and its Maine subsidiary, Bangor Hydro-Electric Co., are teaming up with electricity utility National Grid to develop the project.
The Portland Press Herald reports the line will have a capacity of 1,100 megawatts, equal to the output of a large nuclear or gas-fired plant.
Comments are not available on this story. Read more about why we allow commenting on some stories and not on others.
We believe it's important to offer commenting on certain stories as a benefit to our readers. At its best, our comments sections can be a productive platform for readers to engage with our journalism, offer thoughts on coverage and issues, and drive conversation in a respectful, solutions-based way. It's a form of open discourse that can be useful to our community, public officials, journalists and others.
We do not enable comments on everything — exceptions include most crime stories, and coverage involving personal tragedy or sensitive issues that invite personal attacks instead of thoughtful discussion.
You can read more here about our commenting policy and terms of use. More information is also found on our FAQs.
Show less