News Feed Item

Granite State Power Link Application for U.S. Presidential Permit Submitted

Project to Deliver Clean, Low Cost Wind Energy into New England

WALTHAM, MA--(Marketwired - December 27, 2017) - GridAmerica Holdings Inc., a non-regulated subsidiary of National Grid plc, applied on Friday, December 22nd to the U.S. Department of Energy for a Presidential Permit to authorize the U.S./Canada border crossing of the Granite State Power Link (GSPL) project, officially kicking off the GSPL permitting process.

GSPL is a proposed transmission project that will help transition New England to a clean energy future by delivering new, affordable Canadian wind power to Massachusetts. GSPL consists of a new overhead 59-mile high-voltage direct current (HVDC) transmission line co-located in an existing, expanded transmission right-of-way with a new converter stations at each end. By utilizing existing transmission corridors, the GSPL proposal minimizes environmental and viewshed impacts allowing it to garner broad local support and drive down development costs compared to similar projects to the benefit of Massachusetts ratepayers.

By enabling access to newly built wind resources, the project provides Massachusetts electric distribution utility companies with supply options to make meaningful progress toward Global Warming Solutions Act goals. GSPL will reduce carbon emissions by approximately 15.7 million tons within the first ten years following operation.

The project leverages an innovative partnership with project co-owner, Citizens Energy (Citizens), to provide energy assistance to low-income families in Vermont, New Hampshire and Massachusetts. Citizens is actively working with local stakeholders to design energy assistance programs to address local and regional needs.

"The submission of the Presidential Permit application means that our project schedule remains on-track," said Joseph Rossignoli, Project Director, GSPL. "Given the clear merits of the project - minimal impacts, community engagement and support, low capital costs and a rate structure that puts the customer first - and the due diligence of our experienced team, we firmly believe we are the best project for New England."

Granite State Power Link Facts

Staying within or adjacent to existing transmission corridors, the GSPL HVDC transmission line will run from a new converter station in northern Vermont to a new converter station in Monroe, New Hampshire. The project will deliver 1,200 MW of new wind power from Quebec that is currently in development.

Key facts and benefits of the project include:

  • 1200MW of new clean Canadian wind energy to reduce nearly 16 million tons of carbon from the environment;
  • Creative and cost-effective rate structure whereby 60 percent of GSPL's supply capacity will be done at the risk of National Grid shareholders through short-term economic sales;
  • $1.1 billion capital cost with 60% of these costs at risk to National Grid shareholders;
  • Reduced energy and capacity market costs of $2.8 billion in MA, $1.4 billion in NH and $487 million in VT the first 10 years;
  • About 2,000 jobs created during peak construction;
  • Over $550 million in local property tax revenues to host communities in NH and VT over project lifespan;
  • Over $559 million in state taxes for NH and VT over the project lifespan;
  • Substantial local economic development funds for communities along the route through a partnership with the Northeastern Vermont Development Association (for Vermont) and a similar initiative underway in New Hampshire;
  • The proven program managed by Citizens Energy to use revenue from the project to provide assistance to seniors and low-income residents; and,
  • An experienced New England HVDC and transmission developer to deliver the project.

The project has received several key endorsements and letters of support from the towns of Unified Towns and Gores of Essex County, Concord, Lunenburg and Waterford, VT and Salisbury, Goffstown, and Plymouth, NH; the International Brotherhood of Electrical Workers Locals 104, 490 and 103; Vermont State Senators and Representatives representing the Northeast Kingdom; several New Hampshire State legislators; the Central New Hampshire Chamber of Commerce; the Northeastern Vermont Development Association; and, the Vermont Association of Snowmobilers, among many others.

For more information, please visit www.GraniteStatePowerLink.com.

About National Grid
National Grid (LSE: NG) (NYSE: NGG) is an electricity and natural gas delivery company that supplies the energy for more than 20 million people through its networks in New York, Massachusetts, and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates systems that deliver gas and electricity across Great Britain.

For more information please visit our website, follow us on Twitter, watch us on YouTube, friend us on Facebook, find our photos on Instagram.

About Citizens Energy Corporation

Citizens Energy Corporation, a Boston-based non-profit founded in 1979 by former Congressman Joseph P. Kennedy II, has a long history of using revenues from successful commercial energy ventures to finance charitable programs to help the poor. Starting in the oil and natural gas industries, Citizens also launched innovative businesses in the health care, electricity trading, and energy conservation fields. More recently, the company expanded into the solar, wind and transmission industries - in every case using profits from its ventures to help the poor wherever it operates.

Contact: Christine Milligan
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Having been in the web hosting industry since 2002, dhosting has gained a great deal of experience while working on a wide range of projects. This experience has enabled the company to develop our amazing new product, which they are now excited to present! Among dHosting's greatest achievements, they can include the development of their own hosting panel, the building of their fully redundant server system, and the creation of dhHosting's unique product, Dynamic Edge.
This session will provide an introduction to Cloud driven quality and transformation and highlight the key features that comprise it. A perspective on the cloud transformation lifecycle, transformation levers, and transformation framework will be shared. At Cognizant, we have developed a transformation strategy to enable the migration of business critical workloads to cloud environments. The strategy encompasses a set of transformation levers across the cloud transformation lifecycle to enhance ...
Your job is mostly boring. Many of the IT operations tasks you perform on a day-to-day basis are repetitive and dull. Utilizing automation can improve your work life, automating away the drudgery and embracing the passion for technology that got you started in the first place. In this presentation, I'll talk about what automation is, and how to approach implementing it in the context of IT Operations. Ned will discuss keys to success in the long term and include practical real-world examples. Ge...
The challenges of aggregating data from consumer-oriented devices, such as wearable technologies and smart thermostats, are fairly well-understood. However, there are a new set of challenges for IoT devices that generate megabytes or gigabytes of data per second. Certainly, the infrastructure will have to change, as those volumes of data will likely overwhelm the available bandwidth for aggregating the data into a central repository. Ochandarena discusses a whole new way to think about your next...
So the dumpster is on fire. Again. The site's down. Your boss's face is an ever-deepening purple. And you begin debating whether you should join the #incident channel or call an ambulance to deal with his impending stroke. Yes, we know this is a developer's fault. There's plenty of time for blame later. Postmortems have a macabre name because they were once intended to be Viking-like funerals for someone's job. But we're civilized now. Sort of. So we call them post-incident reviews. Fires are ne...
Whenever a new technology hits the high points of hype, everyone starts talking about it like it will solve all their business problems. Blockchain is one of those technologies. According to Gartner's latest report on the hype cycle of emerging technologies, blockchain has just passed the peak of their hype cycle curve. If you read the news articles about it, one would think it has taken over the technology world. No disruptive technology is without its challenges and potential impediments t...
Hackers took three days to identify and exploit a known vulnerability in Equifax’s web applications. I will share new data that reveals why three days (at most) is the new normal for DevSecOps teams to move new business /security requirements from design into production. This session aims to enlighten DevOps teams, security and development professionals by sharing results from the 4th annual State of the Software Supply Chain Report -- a blend of public and proprietary data with expert researc...
CloudEXPO New York 2018, colocated with DevOpsSUMMIT and DXWorldEXPO New York 2018 will be held November 12-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI and Machine Learning to one location.
CloudEXPO | DevOpsSUMMIT | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that Nutanix has been named "Platinum Sponsor" of CloudEXPO | DevOpsSUMMIT | DXWorldEXPO New York, which will take place November 12-13, 2018 in New York City. Nutanix makes infrastructure invisible, elevating IT to focus on the applications and services that power their business. The Nutanix Enterprise Cloud Platform blends web-scale engineering and consumer-grade design to natively converge server, storage, virtualization and networking into a resilient, softwar...
The digital transformation is real! To adapt, IT professionals need to transform their own skillset to become more multi-dimensional by gaining both depth and breadth of a wide variety of knowledge and competencies. Historically, while IT has been built on a foundation of specialty (or "I" shaped) silos, the DevOps principle of "shifting left" is opening up opportunities for developers, operational staff, security and others to grow their skills portfolio, advance their careers and become "T"-sh...
Lori MacVittie is a subject matter expert on emerging technology responsible for outbound evangelism across F5's entire product suite. MacVittie has extensive development and technical architecture experience in both high-tech and enterprise organizations, in addition to network and systems administration expertise. Prior to joining F5, MacVittie was an award-winning technology editor at Network Computing Magazine where she evaluated and tested application-focused technologies including app secu...
DXWorldEXPO LLC announced today that Big Data Federation to Exhibit at the 22nd International CloudEXPO, colocated with DevOpsSUMMIT and DXWorldEXPO, November 12-13, 2018 in New York City. Big Data Federation, Inc. develops and applies artificial intelligence to predict financial and economic events that matter. The company uncovers patterns and precise drivers of performance and outcomes with the aid of machine-learning algorithms, big data, and fundamental analysis. Their products are deployed...
ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of computational needs for many industries. Their solutions provide benefits across many environments, such as datacenter deployment, HPC, workstations, storage networks and standalone server installations. ICC has been in business for over 23 years and their phenomenal range of clients include multinational corporations, universities, and small busines...
This sixteen (16) hour course provides an introduction to DevOps, the cultural and professional movement that stresses communication, collaboration, integration and automation in order to improve the flow of work between software developers and IT operations professionals. Improved workflows will result in an improved ability to design, develop, deploy and operate software and services faster.