Empire State Connector Corp. (ESC) said Wednesday it’s completed the first stage of a two-stage open solicitation process for interested parties to reserve space on its proposed 265-mile, 1,000-megawatt Empire State Connector high-voltage direct current (HVDC) electric transmission line.
Stage one, which ran during November and December, identified transmission service customers, as well as power suppliers interested in utilizing the line to transport nuclear and hydropower from Upstate New York to New York City, Kallanish Energy learns.
"I am pleased to report we received supply and transmission reserve offers well in excess of our 1,000 MW capacity for the Empire State Connector," said ESC CEO John Douglas. "Securing a reliable long-term supply of clean energy for New York City at low prices represents a tremendous business opportunity for load-serving entities, energy service companies, community choice aggregators and their customers.”
Stage two, scheduled during the first quarter of 2018, will solicit interest from companies serving energy consumers in New York City, to purchase the transmission line’s power.
Empire State Connector Corp. is a private company owned by Canadian independent transmission line developer oneGRID Corp. and Canadian investment manager Forum Equity Partners.