The Champlain Hudson Power Express (CHPE) is a proposed 335 mile high-voltage direct current (HVDC) submarine power cable project linking the Montreal area to the New York City neighborhood of Astoria, Queens. The line is expected to be commissioned in 2025. The venture, being developed by Transmission Developers Inc. (TDI), a Blackstone Group, L.P. (Blackstone) portfolio company, would carry hydropower from eastern Canada - and feed it directly in the New York City electricity market. Construction costs for this project are estimated at $ 3 billion. The Quebec section of the line would be built and operated by TransÉnergie, the transmission arm of Hydro-Québec.

The session will explore the construction of the line, how this line will impact NYC’s historical electrical transmission bottleneck and the line’s impact on expanding efforts to bring renewable energy into NYC.

Speakers:

Don Jessome and Bob Harrison, Transmission Developers, TDI

Antony Fiore, Chief Energy Management Officer, City of NY

Mathew Schwall, Independent Power Producers of NY