The Empire State Connector Corp. said the Federal Energy Regulatory Commission issued an order on June 24, preliminarily granting Empire's request to charge negotiated rates for customers using transmission service on the proposed Empire State Connector, a 260-mile long high voltage direct current electric transmission line. The approval will allow the company to conduct an open solicitation and capacity allocation process for all parties interested to subscribe for capacity.
"We can check-off another important milestone for our proprietary transmission solution that will facilitate the physical delivery of renewable energy and capacity into New York City," said John Douglas, Empire State Connector Corp. CEO.
The transmission line will allow load-serving entities in New York City more congestion-free access to upstate renewable, and other resources at more competitive prices. Procurement and compliance with requirements of New York's proposed Clean Energy Standard will be optimized from more choice at lower prices.
New Yorkers will enjoy the benefits of cleaner air along with the tremendous economic development opportunity in upstate New York. The HVDC transmission line will be constructed and paid for by shippers who will contract for capacity. The up-front development costs will not be directly funded by ratepayers.
The ESC's underwater route through the Erie Canal and Hudson River will also have no visual impact and low environmental impact.
With the anticipated adoption of the CES, the ESC transmission line can deliver 1,000 MW of energy and capacity directly into New York City from zero-emission generated sources in upstate New York. It is estimated the project will create more than 500 construction jobs and 1,200 indirect jobs during the three-to-four-year construction period. The target in-service date for the project is 2021.