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March 25, 2009

Energy corridor planned for ME, N.B.

Gov. John Baldacci and New Brunswick Premier Shawn Graham today announced plans to develop a Northeast Energy Corridor that would link the Canadian Maritimes and Maine.

The first phase of the 1,200-1,500-megawatt transmission line and power plant concept would require $2 billion in investment and could create thousands of jobs in Maine and Canada, the Canadian television station CBC News reported. Irving Oil said today that it is beginning a technical and commercial study on the first phase of the power corridor, which the company says will transmit electricity from a variety of renewable sources, including wind and natural gas.

The corridor would eventually include pipelines, although the first phase would focus on transmission lines, the news station reported. "Great potential exists for Maine and New Brunswick to grow and share clean, renewable energy," Gov. Baldacci said in a statement. "Exploring the potential for private investment in the Northeast Energy Corridor is a vital next step to realizing our shared goals of achieving energy independence, accessing reliable and affordable energy, and reducing carbon emissions on both sides of the border."

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