Close Menu
Money MechanicsMoney Mechanics
    What's Hot

    Two chokepoints, one expanding energy risk

    July 21, 2026

    Beware Of Social Security Reform Commissions

    July 21, 2026

    $33 Million Winery Previously Owned by Alex Trebek Heads to Auction

    July 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Two chokepoints, one expanding energy risk
    • Beware Of Social Security Reform Commissions
    • $33 Million Winery Previously Owned by Alex Trebek Heads to Auction
    • Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook
    • Want to add Android Auto to your old car? Here are two ways – including one that’s under $20
    • This Is Where A Year Of Healthcare Costs Less Than A Month In The U.S.
    • Why Your Neighbor Is Paying Half as Much for Home Insurance
    • Dow Drops 305 Points as Apple Falls From Highs: Stock Market Today
    Facebook X (Twitter) Instagram
    Money MechanicsMoney Mechanics
    • Home
    • Markets
      • Stocks
      • Crypto
      • Bonds
      • Commodities
    • Economy
      • Fed & Rates
      • Housing & Jobs
      • Inflation
    • Earnings
      • Banks
      • Energy
      • Healthcare
      • IPOs
      • Tech
    • Investing
      • ETFs
      • Long-Term
      • Options
    • Finance
      • Budgeting
      • Credit & Debt
      • Real Estate
      • Retirement
      • Taxes
    • Opinion
    • Guides
    • Tools
    • Resources
    Money MechanicsMoney Mechanics
    Home»Earnings & Companie»Energy»New York imports more electricity from Canada after high-voltage transmission line opens
    Energy

    New York imports more electricity from Canada after high-voltage transmission line opens

    Money MechanicsBy Money MechanicsJuly 20, 2026No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    New York imports more electricity from Canada after high-voltage transmission line opens
    Share
    Facebook Twitter LinkedIn Pinterest Email



    In-brief analysis

    July 20, 2026



    Net daily interchange between NYISO and Canada


    On July 3, 2026, the New York Independent System Operator (NYISO) imported 52 gigawatthours (GWh) of electricity from Canada, the most traded between the two areas since January 2025. Some of the imported electricity flowed along the new Champlain Hudson Power Express (CHPE) transmission line between Québec, Canada, and New York City, which officially reached commercial operations in May after three years of construction.

    A strong heat wave drove electricity demand in NYISO up during the first week of July with a maximum hourly load (peak load) of 31,097 megawatts (MW) on July 2 at 7:00 PM. The hourly peak load last summer (June through August) was 31,857 MW on June 24, 2025, at 7:00 PM (the all-time record load of 33,956 MW occurred in July 2013). Canadian imports fulfilled 9% of electricity demand in NYISO on July 3, with a daily average of 1,400 megawatts (MW) per hour coming from Hydro-Québec and 800 MW per hour from the Independent Electric System Operator in Ontario. The new CHPE transmission line connecting Hydro-Québec’s grid and the NYISO grid has a capacity of 1,250 MW, which was fully utilized on July 3.

    According to the New York State Energy Research and Development Authority, CHPE is expected to meet up to 20% of New York City’s power demand. Although the transmission line supplied power to New York during the heat wave in July, an outage occurred in June, and the transmission line was taken offline again on July 4 for further repairs.

    In recent years, both ISO-New England and NYISO have relied less on electricity imports from Canada as drought conditions have limited hydroelectric generation. However, both regional grids have built high voltage transmission lines connecting hydropower from Québec to their respective regions, which could reverse the trend if hydroelectric generation increases.

    Principal contributors: Tyler Hodge, Kimberly Peterson



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleVice President JD Vance’s Wife Usha Gives Birth to Their 4th Child
    Next Article When to buy travel insurance (and when it’s too late)
    Money Mechanics
    • Website

    Related Posts

    Two chokepoints, one expanding energy risk

    July 21, 2026

    America’s power grid is choking on costly congestion: Maguire

    July 20, 2026

    U.S. rig count increased by 7, is at 588

    July 20, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Two chokepoints, one expanding energy risk

    July 21, 2026

    Beware Of Social Security Reform Commissions

    July 21, 2026

    $33 Million Winery Previously Owned by Alex Trebek Heads to Auction

    July 21, 2026

    Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook

    July 20, 2026

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading

    At Money Mechanics, we believe money shouldn’t be confusing. It should be empowering. Whether you’re buried in debt, cautious about investing, or simply overwhelmed by financial jargon—we’re here to guide you every step of the way.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Links
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Resources
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To
    Get Informed

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading
    Copyright© 2025 TheMoneyMechanics All Rights Reserved.
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To

    Type above and press Enter to search. Press Esc to cancel.