HVDC
Ontario approved IESO’s proposed $1.5 billion HVDC line under Lake Ontario, which planners say is needed to meet a potential doubling of Toronto’s electricity demand by 2050.
IESO system planners recommended the construction of a $1.5 billion HVDC line to meet Toronto’s growing energy needs, saying it would be more “future proof” than two cheaper options.
DOE has terminated its $4.9 billion conditional loan commitment for the long-delayed Grain Belt Express project, saying it is “not critical” for the federal government to support the project.
Major regional and interregional transmission lines might be big investments, but they tend to produce more benefits than expected, RMI said in a report.
Clean Grid Alliance is asking MISO to incorporate rules for HVDC into MISO’s energy and ancillary services markets.
The Department of Energy announced two actions to support the expansion of the transmission grid: investing up to $1.5 billion in four specific projects around the country and releasing the final National Transmission Planning Study.
Before the use of HVDC transmission lines can be expanded in the U.S., the offshore wind industry needs to set some standards, according to a joint company survey.
DOE released a study of offshore wind transmission. In no way does this study establish, or even claim, that offshore wind makes economic sense, according to Steve Huntoon.
Utilities are rolling out new GETs projects, DOE officials said, but “there are more than 3,000 utilities in the United States, and a few excellent projects won’t get us where we need to be.”
A report released by ACORE and Grid United highlighted how Europe is using HVDC transmission lines to advance its decarbonization efforts and explained how the U.S. could do the same.
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