The U.S. Department of Energy (DOE) approved on Thursday a US$1.6-billion Canada-New Hampshire transmission line project that has been languishing in regulatory purgatory since 2010. The line will deliver up to 1,090 MW of clean energy from Hydro-Québec’s hydroelectric plants in Canada to New Hampshire and the rest of New England. The 192-mile-long line proposes to deliver hydropower from Quebec to an existing substation in Deerfield, NH, and into New England’s electric grid. Northern Pass will help meet the region’s increasing demand for power, while decreasing carbon emissions by up to 3.2 million tons annually. According to Northern Pass, estimated wholesale electricity market benefits will be around US$600 million annually for New England and US$62 million a year for New Hampshire. Northern Pass construction is expected to create 2,600 jobs in New Hampshire during construction and boost the state’s GDP by an estimated US$2.2 billion over the construction period […]