Clean Energy Project to Link Maine and Boston
02 August 2017 - 11:01PM
Maine Power Express has partnered with County Line Wind to bid
clean energy from Maine into the Massachusetts Clean Energy RFP.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/98788c57-06b1-4fd2-99ed-5421d5ee7f0f
The Maine Power Express (MPX) is a proposed 1,040 MW HVDC
transmission line to be buried completely underground in an
existing energy corridor and under water, direct to Boston, MA.
Maine Power Express, LLC (MPX, LLC) and Con Edison Transmission,
Inc. (CET) have been advancing the development of MPX.
County Line Wind is a 630 megawatt (MW) wind facility located on
forestry lands in Penobscot and Aroostook Counties in northern
Maine. County Line Wind will use MPX to deliver a Class I Renewable
Resource straight into Boston.
The Massachusetts Clean Energy RFP, issued by the Massachusetts
Utilities and Department of Energy Resources, calls for up to
20-year PPA for delivered renewable energy. Bids were submitted on
July 27th and projects are expected to be selected in January,
2018. Both County Line Wind and MPX projects are proposed to go
into full operation in 2022.
“Con Edison Transmission is excited about the opportunity to
bring clean, renewable energy to a major demand center in
Massachusetts at a low delivered cost,” said Timothy Frost, vice
president of CET. “Boston would gain additional reliability,
economic benefits and access to clean energy. This unique
transmission project has the ability to accommodate additional
generation resources, creating flexibility for the Massachusetts
utilities to optimize energy deliveries. Con Edison Transmission
looks forward to bringing its engineering and financial strength to
realize this project."
“The Maine Power Express utilizes the optimal route for
connecting stranded wind resources in northern Maine directly to
the Boston load center with minimal environmental impact. The MPX
project does not require unsightly transmission towers, utilizes an
existing energy corridor, avoids the taking and clearing of lands
and has no adverse impact to the marine environment,” said Hayes
Gahagan, managing member of MPX, LLC.
All bids will be posted publicly at
www.macleanenergy.com
About:
Maine Power Express: Maine Power Express, LLC
(MPX, LLC) is a Joint Venture between Loring Holdings, LLC,
National Resources Energy, LLC, and Transmission Developers, Inc.
MPX, LLC has assembled an expert team of development and strategic
partners to design, engineer, permit, finance, construct and
operate the MPX Project. For more information, visit:
www.mainepx.com
Con Edison Transmission, Inc.: Con Edison
Transmission, Inc. (CET) is a subsidiary of Consolidated Edison,
Inc. (NYSE:ED), one of the nation’s largest investor-owned energy
companies, with approximately $12 billion in annual revenues and
$48 billion in assets. CET invests in electric and gas transmission
projects. For additional information, visit:
www.conedtransmission.com
Contacts:
MPX – Ryan Gahagan, (207) 551-3131, ryan.gahagan@mainepx.com
Con Edison – Michael Clendenin, (212) 460-4111, clendeninm@coned.com
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