Utility Dive•about 2 months ago
FERC approves market rules for Champlain Hudson transmission project
- •The $6 billion, 1,250 MW Champlain Hudson transmission line is set to begin delivering Canadian hydropower to New York City in May 2026.
- •FERC has approved market rules, allowing NYISO to integrate the project's physical reservation model with its financial reservation system.
- •This regulatory clarity facilitates the integration of a major new clean energy supply into the NYC market, potentially impacting local power prices, grid stability, and emissions targets.
transmission