No Project in the United States without Profitability, Insists Hydro-Québec

SOURCE: Le Devoir
AUTHOR: Karl Rettino-Parazelli

AUTO-TRANSLATED VERSION: Hydro-Québec says it will not pay “a penny” for the burial of the US portion of the Northern Passline power line and that the bill will be returned to US consumers. If it turns out that the project is not profitable, it will be abandoned, she insists.

The Crown corporation strongly reacted Wednesday to an article in the Journal de Montréal stating that it would pay $500 million to bury the high voltage line in US territory, while it refuses to do so for part of the line Québec-New Hampshire, the Quebec portion of the project.

“We will not pay a penny for the Northern Pass project on the US side. These are American consumers who will pay the cost of transport on their territory through their electricity rates,” said Hydro-Quebec in a statement.

Read the full article

Nature Québec Requests the Burial of the Interconnection Line

SOURCE: La Tribune
AUTHOR: Claude Plante

AUTO-TRANSLATED VERSION: This is how Christian Simard, General Manager of Nature Québec, says about the burial of its power line to New Hampshire on the American side without being on the Quebec side, information widely dealt with by La Tribune in recent years.

It should be remembered that the interconnection electric transmission line must be buried in New Hampshire while the Quebec portion will remain aerial, especially on the territory of the East.

The commissioning of this $125 million project, also known as Northern Pass, is planned for 2019.

The Crown corporation wants to make it clear that it will not pay “a penny for the transmission line of the project Northern Pass on the American side”, contrary to the information conveyed since Wednesday morning.

“It is the American consumers who will pay the transportation costs on their territory through their electricity rates. The project is designed to be profitable for Hydro-Québec and therefore for all Quebecers,” said Lynn St-Laurent, Strategic Advisor.

Nature Québec denounces Hydro-Québec’s claim that the landfill solution in the Hereford Mt. area is “technically less reliable and far too costly, but without a thorough study of this scenario. For Nature Quebec, this argument is “fallacious, because the same line will be buried, a few kilometers further south in New Hampshire”.

Read the full article

Hydro Is Considering Abandoning the Northern Pass Project

SOURCE: The Journal of Québec
AUTHOR: Jean Nicolas Blanchet

AUTO-TRANSLATED VERSION: Not only does Hydro-Québec finally admit that it could indirectly pay for the cost of building a $ 2.1 billion line in New Hampshire, but it is challenging its participation in the project after “redrawing its plan” on Wednesday.

Our investigation office revealed Wednesday that the US developer Eversource intended to pass the bill to the Crown corporation for the construction of the Northern Pass high-voltage line.

It would be buried on nearly 100 km to protect the landscapes of New Hampshire, which would increase the bill by $ 500 million.

Eversource will first finance the construction, but intended to be reimbursed by Hydro for 20 to 40 years, through “transportation costs” for borrowing the line on the other side of the border.

Hydro’s director of media relations, Serge Abergel, told us last week that Eversource would “take these transport costs to make [his] investment profitable”.

Read the full article

Northern Pass Project – Hydro-Québec Will Not Pay a Penny for the American Line

SOURCE: CNW
AUTHOR: Hydro-Québec

AUTO-TRANSLATED VERSION: Hydro-Québec reacted vigorously to the article in the Journal de Montréal entitled “Hydro will pay the line to the United States”. The content of this article is completely false. We will not pay a penny for the Northern Pass project on the US side. It is the American consumers who will pay the transport costs on their territory through their electricity tariffs. The project is designed to be profitable for Hydro-Québec and therefore for all Quebeckers.

The Massachusetts wants a clean energy supply whose price is stable. It passed a law in that sense, commonly known as the Baker Act. This legislation will lead to the launch of a call for proposals in the coming weeks to obtain a significant amount of hydroelectricity. As part of this call for proposals, it is established that the electricity companies will pay transportation costs to the selected companies. Thus, it is the American customers who, through their tariffs of electricity, will assume the costs of this line.

The Northern Pass project consists of the construction of a line of 80 km on the Quebec side and 300 km on the American side, at a cost of $ 600 million on the Quebec side and $1.6 billion on the American side, Under the responsibility of Eversource.

Read the full article

Hydro-Québec Is Preparing to Pay $500 million to Hide a Line…in the United States

SOURCE: The Journal of Québec
AUTHOR: Jean Nicolas Blanchet

AUTO-TRANSLATED VERSION: Hydro-Québec is preparing to pay half a billion dollars to bury nearly 100 km of a high-voltage line on American soil, while refusing to pass underground 18 km of the same line in Quebec.

Hydro-Québec partner Eversource told Hydro-Québec that Hydro would bear the entire cost of the Northern Pass line, which is $2.7 billion. This 388-km interconnection is expected to connect the Estrie to Deerfield, near Boston, starting in 2019. Construction is scheduled to begin next fall.

The underground passage, which adds $500 million to the bill, will protect the magnificent landscapes of the White Mountains in New Hampshire. Many American citizens demanded it. In contrast, Hydro refused to bury a portion of the line in Quebec.

With the Northern Pass, Hydro dreams of increasing its exports to New England. It has always argued that it would pay the $618 million for the 80 km of the line in Quebec, but that Eversource, the US promoter behind the project, would finance the $2.1 billion needed to build The 308 km in the United States.

Read the full article