Canada's construction news
PORTLAND, MAINE – Three Massachusetts utilities and Central Maine Power’s parent company have agreed that Massachusetts ratepayers must shoulder $512 million in additional costs caused by delays in construction of a power transmission project in Maine that will allow Canadian hydropower to reach the New England power grid.
“Even with these unanticipated costs, this is clean energy at a pretty good price. I’m not sure we’ll be at prices this low in the future. So we should grit our teeth, absorb the extra expense and get on with it,” said Massachusetts state Sen. Michael Barrett of Lexington, co-chair of the Legislature’s Telecommunications, Utilities and Energy Committee.
The Massachusetts Department of Energy Resources and attorney general’s office signed onto the agreement, which the parties submitted to the state Department of Utilities for approval on Monday. “This transmission line should drive down overall electricity prices and deliver new, reliable power to Massachusetts and New England as we transition to clean energy. We look forward to clean hydropower to begin flowing to our state soon,” said Elizabeth Mahoney, energy resources commissioner, and Liz Anderson, from the attorney general’s office.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canadian PM says he won't tolerate foreign government killing Canadian citizens on Canadian soilCanada says it has identified India’s top diplomat in the country as a person of interest in the assassination of a Sikh activist there and expelled him and five other diplomats.
Read more »
Massachusetts ratepayers to pay extra US$512-million for transmission line for Canadian hydropowerProponents said Wednesday that the project aimed at supplying enough clean energy to power about one million homes still represents a good deal despite delays and new costs
Read more »
India expels six Canadian diplomats over accusations against New DelhiOTTAWA — India has expelled six Canadian diplomats from the country, including Canada's acting high commissioner.
Read more »
Canada Post presents latest contract offer to Canadian Union of Postal WorkersCanada Post has presented its latest offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption.
Read more »
Canada Post presents latest contract offer to Canadian Union of Postal WorkersCanada Post has presented its latest contract offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption.
Read more »
Next CPP payment coming on Tuesday for Canadian retireesCanadian retirees will receive their latest Canada Pension Plan payments Tuesday.
Read more »