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After delays, cost of Maine hydropower line soars, and Mass. will likely pay for it.

Por: The Boston Globe Business July 28, 2023

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The cost of a 145-mile power line to bring hydroelectricity from Canada to Massachusetts via western Maine has risen by roughly 50 percent, to $1.5 billion, in the wake of a Maine ballot measure that delayed work for more than a year — and Massachusetts ratepayers could end up paying much of the tab.Avangrid chief executive Pedro Azagra disclosed the updated cost of the New England Clean Energy Connect project during a quarterly earnings... + full article



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