projects

a clean energy future for new york

  • c.339-mile underground and underwater transmission line to transport 1,250 MW of baseload clean, renewable hydropower from Canada to New York City
  • $6 billion megaproject developed and financed during extremely challenging inflationary period
  • First ever conversion of a fossil-fuel site into grid-scale zero-emissions facility in New York City
  • Will provide 20% of New York City’s annual electricity needs when fully operational, starting in May 2026

Project Benefits

$ 1 B

Saved statewide over 30 years

$ 1 B

In new economic output

$ 1 B

In CO2 reduction benefits

$ 0.1 B

In new tax revenue

1 +

New construction related jobs

Creating a Shared Renewable Future

  • 100% buried, c.154-mile route from the Canadian border to Ludlow, VT, widely supported throughout Vermont and New England
  • New England’s peak electricity demand is forecast to nearly double by 2050 requiring massive investment in new supply resources
  • NECPL’s 1,000 MW of underground bidirectional HVDC transmission capacity will connect New England with Québec’s extensive reservoirs and storage – providing a unique solution to regional challenges

Project Benefits

$ 1 B

Rate payer cost reduction

$ 0.1 B

Reduction from outage damages

1 M
Metric tons of CO2 reduction in 2030’s
0.1 TWh

Average annual renewable energy curtailment reduction