Hydropower

Prolonged drought conditions have led Canada, a major hydropower producer, to import electricity from the U.S. for the first time in nearly two decades.

NextEra Energy is sued by Avangrid for allegedly obstructing a hydropower project intended to supply low-cost electricity to New England.

On November 4, 2024, Romania’s Ministry of Energy signed a memorandum of understanding with Japan’s Itochu Corporation to develop the 1 GWh reversible hydropower plant project at Tarnița-Lăpuștești, aiming to enhance the country’s renewable energy capacity.

Three Massachusetts utilities and Central Maine Power’s parent company have agreed that Massachusetts ratepayers will cover an additional $512 million for a delayed power transmission project in Maine, meant to transport Canadian hydropower to the New England grid.

Massachusetts utilities have agreed that ratepayers will cover an extra $512 million in costs due to delays in a Maine transmission line project intended to deliver Canadian hydropower to New England.