The Champlain Hudson Power Express (CHPE) is an innovative renewable power transmission project that is ready to deliver REAL. CLEAN. POWER. to New York. The project will play a key role in the state’s energy transformation, lowering greenhouse gas emissions, creating jobs and generating billions of dollars in new investment in New York’s economy while delivering low-cost renewable energy to New York state.
CHPE is the most powerful project you’ll never see, and it is ready to provide clean energy with the resiliency and environmental safety that New York and the rest of the nation demand.
Buried line to minimize environmental and social impacts while maximizing resiliency in the face of extreme weather events
From the beginning of construction through the first 30 years of operation, CHPE will deliver $28.6 billion in economic benefits to New York state, including $1.7 billion in tax revenue for local municipalities
A public hearing [for a tax incentive package for a $177 million] for held for the Champlain Hudson Power Express project that will run through Greene County drew no comments or opposition Wednesday. The package, which includes use, recording and mortgage tax exemptions and a Payment in Lieu of Taxes, as well as a community host fund for several county towns and villages, is expected to pass at the IDA’s Oct. 21 meeting, IDA Executive Director Rene Van Schaack said Wednesday
The CHPE project involves the construction of an underground and underwater transmission line spanning approximately 339 miles between the Canada-US border and New York City. It will allow an influx of 1250MW of hydropower and comes with a long list of economic benefits, including the $40 million Green Economy Fund, designed to support residents living in disadvantaged and frontline communities by providing them with new job training opportunities that will help them take advantage of New York’s transition to a green economy and the $117 million Environmental Trust Fund, which is focused on improving the health of Lake Champlain and the Hudson and Harlem Rivers.