Champlain Hudson Power Express
New York, NY, United States
About
Founded in 2014, Champlain Hudson Power Express is a private headquartered in New York, United States specializing in Hydro.
Champlain Hudson Power Express (CHPE) is a major infrastructure project designed to transport renewable hydropower from existing sources to power the New York metropolitan area. The fully buried transmission line carries 1,250 MW of low-cost clean energy directly into downstate New York, supporting the state's Climate Leadership and Community Protection Act goals of 70% renewable energy by 2030. The project is estimated to save New York homes and businesses $17.3 billion over 30 years through wholesale electricity costs, generate $1.4 billion in funding for 73 municipalities and 59 school districts, create over 1,400 jobs with union labor commitments, and reduce carbon emissions by 3.9 million metric tons annually upon full operation.
Headquarters
New York, United States
Founded
2014
Company Type
Private
Business Models
Value Chain
Projects
Champlain Hudson Power Express
Sustainability
3.9M
Tonnes CO₂/yr avoided