Northeastern U.S. States Connect to Improve T&D Capacity

July 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Ten states spanning the U.S. Northeast have signed a memorandum of understanding (MOU) to establish a framework to better coordinate planning and development of transmission and distribution (T&D) projects. Called the Northeast States Collaborative on Interregional Transmission (States Collaborative for short), the group also plans to better assess the potential for offshore wind-energy development. Industrial Info is tracking more than $11 billion worth of active and planned T&D projects across these 10 states, more than $2 billion of which already is under construction. The MOU was signed by Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island and Vermont. States Collaborative comprises representatives from state commissions, agencies or governors' offices from these states. Companies featured: Hydro-Quebec, Eversource Energy (NYSE:ES) and Exelon Corporation (NYSE:EXC).