National Grid plc Eyes Canada-U.S. Route
CALGARY - - National Grid Plc., owner of electricity networks in Britain and the U.S., may join Emera Inc. and Spectra Energy Corp. in building a $2 billion high-voltage power line to help link generators in Canada with markets in southern New England.
A feasibility study is being conducted for the project, according to a statement on Wednesday from London-based National Grid and Emera, which is based in Halifax. An initial stage of the line from near
Bangor, Maine, to Massachusetts would have the capacity to transmit 660 megawatts of electricity, they said.
The 322-kilometre line, proposed to regulators in December, would help states in the U.S. Northeast reduce their reliance on coal-fueled power plants that emit greenhouse gases linked to global warming, Jennifer Nicholson, a spokeswoman for Emera, said in a telephone interview Wednesday.
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Texans to vote on funding to modernize electricity generation
DALLAS - Texans are set to vote on Tuesday on a constitutional amendment to determine whether the state will create a special fund for financing the "construction, maintenance, and modernization of its electric generating facilities."
The energy fund would be administered and used only by the Public Utility Commission of Texas to provide loans and grants to maintain and upgrade electric generating facilities.
The biggest chunk of the fund, $7.2 billion, would go into loans and incentives to build new power-generating facilities in the ERCOT (Electric Reliability Council of Texas) region.
The proposal, titled Proposition 7, is one of several efforts by lawmakers…
