Northeast Energy Corridor
The vision of a Northeast Energy Corridor is to develop a multi-use pathway that transports diverse energy sources through pipelines and via robust transmission lines. The objective of this cooperative approach is to bring both economic and environmental benefits to both neighbouring countries. It will be used as a path to market that would increase our region’s supply of secure, reliable, and clean energy; attract investment; and create economic development opportunities. Doing so will increase the security and reliability, and reduce the environmental footprint of our energy supply.
On March 24th, 2009, the State of Maine and the Province of New Brunswick joined Irving Oil Limited where the company announced their proposal to for a multi-use energy corridor. Irving Oil proposed an initial phase of the corridor would include the development of a 1200 to 1500 (DC) megawatt of electrical transmission that would foster the development of large scale wind power in both the State of Maine and the Province of New Brunswick. Irving Oil also stated their plan to construct a natural gas fired cogeneration plant as part of the corridors’ initial phase.
The proposed corridor will serve as a vital foundational investment to further attract energy investment in the region.