ITC Holdings on Oct. 24 said that its wholly owned subsidiary ITC Lake Erie Connector LLC has received notice that the U.S. Army Corps of Engineers (USACE) has issued the necessary permits for the ITC Lake Erie Connector transmission line.
The USACE approval, dated Oct. 16, completes the project’s major permit application process in the United States and Canada, the company said, adding that ITC previously received a presidential permit from the U.S. Department of Energy (DOE), as well as major permits from Canada’s National Energy Board and the Pennsylvania Department of Environmental Protection.
The proposed 1,000-MW, bi-directional, high-voltage direct current (HVDC), underwater transmission line would provide the first direct link between the markets of the Ontario Independent Electricity System Operator (IESO) and PJM Interconnection, the company said.
The project would also enable transmission customers to more efficiently access energy, capacity, and renewable energy opportunities in both markets, the company said.
ITC said that other project benefits include enhanced optionality for both markets to manage their energy needs and policy goals, as well as respond to shifting supply/demand conditions, outages, and system planning requirements.
The approximately 73-mile, +/-320-kV line would connect converter stations in Erie, Pa., and Nanticoke, Ontario, the company said, noting that a 345-kV alternating current (AC) line would connect the Erie converter station to Penelec’s existing Erie West substation, while a 500-kV AC line would tie the Nanticoke converter station to Hydro One’s Nanticoke substation. The majority of the line would be buried beneath Lake Erie or underground using existing roadway rights of way, ITC said.
The company also noted that it has completed the necessary system impact studies in IESO and PJM, signed service agreements with the manufacturers of converter stations and the submarine cable, and secured almost all land necessary for the terrestrial cable route, converter stations, and construction laydown areas.
Remaining milestones for the project include completing project cost refinements and securing favorable transmission service agreements with prospective counterparties, after which the company would proceed with construction, ITC said.
As noted on the project’s website, the costs for the line would be borne by the parties that purchase capacity on the line.
ITC is a Fortis (NYSE:FTS) company.