In its first-ever competitive process for transmission development, ISO New England has narrowed its selection to one proposal to address the region’s power system reliability needs resulting from the scheduled retirement of the Mystic Generating Station in 2024. The Greater Boston Ready Path solution, a joint venture of National Grid and Eversource, has emerged from a field of 36 proposals based on its ability to solve grid reliability needs at the lowest cost and be available prior to the retirement of the Mystic Generating Station.
“The selection of the Ready Path project marks an important milestone in New England’s first competitive transmission solution process,” said Robert Ethier, ISO New England’s Vice President of System Planning. “Electricity customers of New England can be sure that this competitive process led developers to look hard at the most efficient, cost-effective ways to ensure a reliable power grid.”