POLITICO Pro | Article | Canadian hydropower line still on schedule, despite cost increases
POLITICO Pro | Article | Canadian hydropower line still on schedule, despite cost increases
The developers of a transmission line that is essential to meeting New York’s clean energy goals and shutting down polluting New York City power plants say they’re still on track to finish construction in 2026 — despite pushing for nearly $3 billion in increased ratepayer subsidies.
The recent ask by the Champlain Hudson Power Express is the latest effort by renewable energy companies to press New York regulators for more public aid for their projects — putting the state in an increasingly difficult bind as it steams toward ambitious climate goals by 2030.