ASSOCIATED PRESS • July 13, 2023
Partners on a $1 billion project aimed at bringing Canadian hydropower to the New England power grid are trying to sort out how cost increases during lengthy litigation will be shared, in hopes of getting the stalled project moving. A provision in a spending bill being considered Thursday by the Massachusetts House would open the door to a renegotiation of the transmission project between the developers and Massachusetts utilities. The original contract called for the project to be funded entirely by Massachusetts ratepayers; negotiations would determine how any additional costs would be shared. Supporters say the project will stabilize supply and reduce rates for all consumers in the region while representing a bold move in the battle against climate change.