SOURCE: The Suburban
AUTHOR: Robert Frank
Hydro Quebec denies that it granted a half-billion dollar concession to its American partners to bury a 100 km stretch of high-tension line through the White Mountains, after New Hampshire residents complained that giant aerial towers would desecrate the pristine forest there.
“Massachusetts has a very keen interest in purchasing Hydro power,” spokeswoman Lynn St. Laurent told The Suburban in an interview, March 13. “It will be launching a request for proposals (RFP) in the coming weeks for 9.45 terawatt-hours [of energy].”
The provincial government’s electrical energy monopoly reportedly would reimburse the cost of burying the line through annual concessions, according to its partner, American developer Eversource’s subsidiary Northern Pass Transmission, which stated that it will recover its costs from Hydro over the 40-year term of its agreement and that it will own and operate the transmission line and related facilities.
“Most importantly, New Hampshire residents will not pay any of the cost of building or operating the Northern Pass project,” Northern Pass said on its web site.