CENTRAL MAINE POWER PREDICTS TRANSMISSION PROJECT SAVINGS
Aiming to distinguish its proposal from others, Central Maine Power on Wednesday predicted its $950 million transmission project would save Massachusetts utility customers more than $600 million compared to competing projects, in part by leveraging $1.4 billion in recently completed power grid infrastructure improvements in Maine.
Central Maine Power, a subsidiary of AVANGRID, said its New England Clean Energy Connect (NECEC) project is larger than TDI New England's New England Power Link through Vermont and Eversource's Northern Pass project in New Hampshire and capable of delivering a large infusion of Canadian hydropower into New England.
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