Proposed link for northeast renewable projects
National Grid will join Emera Inc. and Spectra Energy, who are working to evaluate the feasibility of the Northeast Energy Link, which they say would provide the New England market with new access to a portfolio of existing and future renewable generation developments in both northern Maine and Atlantic Canada.
"National Grid has significant electric transmission experience and a strong market presence in New England," said Chris Huskilson, President and CEO of Emera Inc. "This complements Emera's market position in Atlantic Canada and Maine. Working together with National Grid we intend to play a role in New England's future transmission development plans."
The new transmission infrastructure would be built in a multi-phase project that would initially provide for 660 MW of electricity transfer from Atlantic Canada and northern Maine directly to Massachusetts.
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Price Spikes in Ireland Fuel Concerns Over Dispatachable Power Shortages in Europe
DUBLIN - Irish grid-balancing prices soared to €3,774 ($4,284) per megawatt-hour last month amid growing concerns over dispatchable power capacity across Europe.
The price spike, triggered by an alert regarding generation losses, came only four months after Ireland and Northern Ireland launched an Integrated Single Electricity Market (ISEM) designed to make trading more competitive and improve power distribution across the island.
Evie Doherty, senior consultant for Ireland at Cornwall Insight, a U.K.-based energy consultancy, said significant price volatility was to be expected while ISEM is still settling down.
When the U.K. introduced a single market for Great Britain, called British Electricity Trading and…
