Champlain Hudson Power Express began construction in 2022 of the largest single renewable energy opportunity for New York State. Its 1,000 MW HVDC buried transmission line will transport a minimum of 8.3 TWh of renewable energy directly into New York City. Of this 333-mile route from the Canadian border to New York City, 60% will be buried in waterways and 40% will be buried along existing rights-of-way. This is estimated to decrease carbon emissions by 3.4 million metric tons per year.
This project will provide $431 million in direct construction investment over three years, and $269 million in revenue to local municipalities and school districts over 30 years throughout the PILOT and host community benefit payments.