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
  • Commenced operations, on budget and ahead of schedule, 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

Transmission Developers’ projects are privately financed, ensuring that taxpayer dollars remain untouched. The Company is exploring opportunities and has several additional projects under development in northeastern North America – a testament to Transmission Developers’ unwavering commitment to sustainable progress and reshaping the energy landscape.