A solicitation process has been initiated for energy to be bundled with transmission capacity on Emera Inc.’s proposed Atlantic Link submarine electricity transmission project for the delivery of clean energy into the ISO-New England market.
Atlantic Link is a proposed approximately 350-mile submarine high-voltage direct current (HVdc) electric transmission line that will deliver 900 megawatts of clean energy from a new DC converter station to be constructed at Coleson Cove, New Brunswick, to a new converter station to be constructed at one of two proposed landing sites in Massachusetts. Emera intends that the Atlantic Link will be in-service by the end of 2022. The Atlantic Link is 100% owned by Emera. NB Power holds an option to participate in the Atlantic Link as a minority investor.
Stakeholder and permitting activities for Atlantic Link are underway. Energy transmitted on the proposed transmission line will be bundled with transmission services provided by the Atlantic Link and will be advanced by Emera in response to a clean energy request for proposals (RFP) expected in early 2017 from the Commonwealth of Massachusetts.
Energy Solicitation Process
Power Advisory LLC has been engaged as an independent administrator and will provide assurance to proponents and the Federal Energy Regulatory Commission (FERC) as to the fairness and transparency of activities related to the Atlantic Link energy solicitation.
As part of development of the Atlantic Link, the solicitation process is intended to result in the selection of energy sources to be bundled with transmission service on the line, for offer into the Massachusetts RFP. Until April 12, 2017, Power Advisory LLC will receive proposals from qualified parties willing to offer energy for purposes of establishing a bundled offer into the Massachusetts RFP.
Interested parties can register by visiting the Atlantic Link Energy Solicitation web site at www.atlanticlink.com/sol and submit a non-binding Notice of Intention to Submit a Proposal Form to Power Advisory LLC no later than January 20, 2017. Upon registration, qualified parties will be able to access information about the energy solicitation including a description of the Atlantic Link project and its approach to providing access to the New England market for non-emitting electricity generation.
Power Advisory LLC and Emera will jointly host a participant conference for qualified parties on January 25, 2017. Qualified parties can participate in-person, at a location to be confirmed in Halifax, Nova Scotia, or via WebEx.
Proposals will be evaluated and ranked based on the following considerations: offered price for sale of energy; evaluated cost of energy to the Atlantic Link terminus in New Brunswick, cost to firm the energy offered, maximization of the utilization of the transmission capability of the Atlantic Link, firmness of energy, energy source and resource mix, the proponent’s capacity to deliver the energy offer, financial capability and relevant experience, the proponent’s plans for community engagement and environmental approval plan, and the likelihood of successful execution of an Indigenous People’s declaration and plan.
Any changes to the project or the form or requirements of the energy solicitation process will be posted at the Atlantic Link energy solicitation website.