National Grid has proposed to develop a new transmission project that would bring up to 1,200 MW of clean energy from Canada to the New England power grid. To drive down costs, increase efficiency and minimize environmental impacts, the proposed Granite State Power Link (GSPL) will be constructed almost entirely along existing transmission corridors and will maximize use of existing infrastructure.
As proposed, the GSPL comprises two segments: the first is a new high-voltage, direct current (HVDC) overhead line located in Vermont alongside an existing HVDC line in an expanded right-of-way corridor from the international border at Norton, VT, to a proposed converter station on National Grid-owned property in Monroe, New Hampshire. The second segment is an upgrade of an existing National Grid overhead line in NH to accommodate the additional power flow from the new HVDC line. That line runs from Monroe to southern NH, where a proposed switching station would be built.
“We believe this proposed project reflects the priorities we’ve heard from state and local communities on their need for lower cost, energy efficient and environmentally sound solutions,” said John Flynn, National Grid senior vice president of Business Development. “The GSPL meets these tests; our stakeholder engagement and outreach is underway and we look forward to continuing our work with communities of all types to earn their support. Community dialogue and engagement will be a hallmark of GSPL.”
GSPL is a commercial project; its development will be funded by National Grid and its investors, not customers of its regulated companies.
An investor in the project is a non-profit energy company that works with utilities and developers across the country to develop clean transmission projects and uses revenues from these ventures to finance new charitable programs to help low-income working families with their energy needs. Continuing this commitment, Massachusetts-based Citizens Energy has pledged to use 50 percent of its own profits from the project to fund energy assistance programs for local families living in NH and VT.
GSPL will provide significant economic benefits in NH and VT. More than an estimated 2,000 jobs will be created during construction and the project host communities and key state programs will receive significant new tax revenues and direct benefits. National Grid will be meeting with host communities and state officials in the coming months to discuss these and other benefits.
The project is also expected to lower energy costs across New England by $1.1 billion over its first 10 years of operation.
