Eversource Energy
Eversource Energy's proposed Northern Pass transmission project won’t be operational until the first half of 2019. The company had previously said the line would be delivering Canadian hydropower to New England by 2018.
Hydro-Quebec is looking to expand its exports to its long-standing customers in the Northeast power markets, a Quebec spokeswoman told the Connecticut Power and Energy Society.
Eversource will sell its New Hampshire plants to satisfy regulators’ divestiture demands and resolve a long-standing dispute over the cost of pollution controls.
Eversource Energy (formerly Northeast Utilities) reported higher year-end earnings fueled by a strong fourth quarter and a drop in operating costs.
ISO-NE chose Eversource Energy and National Grid to build a $740 million land-based transmission project to solve reliability problems in the Boston area, rejecting a more expensive undersea cable proposal by NextEra.
The 36% increase in prices in last week’s ISO-NE capacity auction likely represents the peak for the foreseeable future.
Northeast Utilities, which operates six electric and gas companies in three New England states, is rebranding by changing its name to Eversource Energy.
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