TDI New England, subsidiary of the New York City-based Blackstone investment firm, has applied for a Presidential Permit from the U.S. Department of Energy for a 154 mile power line under Lake Champlain from Canada to Ludlow, Vt. The proposal is one of several projects competing to bring electricity to markets in southern New England.
If permitted, the New England Clean Power Link would bring 100 megawatts of Canadian hydropower to New England, the company says.
The U.S. Department of Energy permitting process begins the agency's review of the project, which includes a review of the planned build out of the project, environmental impacts and public input. The Presidential Permit process is separate from the Vermont state permitting process for utilities.
For that permit, known as a Certificate of Public Good, the company must submit its plans for review to the state Public Service Board.
