CEAC-2020-08-August
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News<br />
Maine Secures Deal for Discounted<br />
Energy From Hydro Quebec<br />
By David Sharp | Associated Press<br />
PORTLAND, Maine (AP) — Hydro Quebec has sweetened<br />
the pot for Maine under a $1 billion transmission project to<br />
bring hydropower to the New England power grid by agreeing<br />
to provide discounted energy to the state, Gov. Janet<br />
Mills announced July 10.<br />
Hydro Quebec will provide enough discounted power for<br />
about 70,000 homes or 10,000 businesses, and will also<br />
accelerate delivery of $170 million in benefits negotiated last<br />
year, the governor said.<br />
The commitment addresses criticism that the project, spearheaded<br />
by Massachusetts to meet its clean energy goals,<br />
would benefit only Massachusetts and not Maine residents.<br />
“I have heard people say that (the project) will deliver power<br />
directly to Massachusetts but not to Maine. With this new<br />
commitment, we ensure that Maine consumers access power<br />
directly from the line at a discounted price,” Mills said in a<br />
statement.<br />
The agreement calls for Maine to buy up to 500 megawatt<br />
hours of electricity at a discount of $4 per megawatt hour,<br />
or about 12 percent, for 20 years, officials said. The amount<br />
of electricity subject to the discount is about one-tenth of<br />
the annual output of the Maine Yankee nuclear power plant<br />
when it was in operation, said Andrew Landry, deputy public<br />
advocate.<br />
every $100 Mainers spend on electricity.<br />
“This new package is nothing more than smoke and mirrors<br />
designed to deceive Mainers,” said Tom Saviello from No<br />
CMP Corridor.<br />
Central Maine Power and Hydro Quebec previously agreed<br />
to $258 million in incentives in Maine that would boost<br />
the number of electric vehicle charging stations, subsidize<br />
heat pumps, improve rural high-speed Internet, and help<br />
low-income ratepayers. Many of those benefits will now<br />
begin upon final approval of permits, instead of the date of<br />
commercial operation, Mills said.<br />
Public Advocate Barry Hobbins said the new commitment<br />
“adds to the already significant stipulation that was negotiated<br />
for this project and ensures that Maine ratepayers will<br />
receive lower-cost electricity.”<br />
The New England Clean Energy Connect calls for construc-<br />
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Sue Ely from the Natural Resources Council of Maine, which<br />
opposes the project, called it a “piddly amount,” especially<br />
compared with recent rate increases by Central Maine Power.<br />
She suggested that the rate increase amounts to 16 cents per<br />
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