U.S. Regulators OK 330-mile Canada-NYC transmission line

This is good for Quebec, long term.

It is also good for New York, which should see slightly lower rates, but maybe only for a while.

New York's Governor wants to close nuclear, and that will more than cancel out the consumer benefits of improved connections with other jurisdictions.

Regulators OK 330-mile Canada-NYC transmission line:

Image from source article

Federal energy regulators have given final approval for construction of a 330-mile electric transmission line to carry lower-cost Canadian hydroelectric power to New York City.
In a decision Wednesday, the Department of Energy said the permit requires some final concerns to be addressed by Albany-based Transmission Developers Inc. but otherwise clears the way for the 1,000 MW Champlain Hudson Power Express transmission line. The project has been in development since 2008.
The agency said the decision was "based on consideration of the potential environmental impacts, impacts on the reliability of the U.S. electric power supply system under normal and contingency conditions, and the favorable recommendations of the U.S. Departments of State and Defense."

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Here's some lunacy familiar to those of us exposed to the Ontario anti-nuclear lobby's machinations:

Supporters say it would make the state less dependent on the 2,000 MW Indian Point nuclear power plant, which provides about one-fourth of the power used in New York City and Westchester County.

Quebec does not have 2000MW to send every hour - it may have none during the coldest hours. Prices are jumping all over the northeast region as the all-in bet on natural gas didn't do well during last year's cold winter.

For a review of the price escalation happening in the U.S. northeast see Soaring Prices in New England: An Update