Seaport West 155 Seaport Boulevard Boston, MA 02210-2600 617 832 1000 main 617 832 7000 fax John A. Shope Partner 617.832.1233 direct jshope@foleyhoag.com April 30, 2018 E-FILE Chris Simpson and Mitchell Tannenbaum Hearing Examiners Maine Public Utilities Commission State House Station #18 Augusta, ME 04333-0018 Re: Petition of Central Maine Power, NECEC Transmission Line, PUC Case No. 2017-00232 Dear Messrs. Simpson and Tannenbaum: In accordance with the Commission’s procedural schedule and order dated March 30, 2018, intervenors Calpine Corporation, Vistra Energy Corp. (successor by merger to Dynegy, Inc.), and Bucksport Generation, LLC hereby submit their pre-filed testimony in the above captioned proceeding, together with associated exhibits. This testimony comes from three witnesses: 1. James Speyer of Energyzt Advisors, LLC (“JMS-1”). Mr. Speyer testifies that, contrary to the assertions of CMP, and contrary to Maine public policy, construction of CMP’s proposed NECEC transmission line through Maine for the sale of hydroelectric energy from Quebec to Massachusetts would at best only negligibly reduce the net emissions of carbon dioxide from electric power generation and may actually increase it. In the modeled year, in fact, using the market assumptions of CMP’s own expert, Daymark Energy Advisors, the increase in carbon emissions is the equivalent of adding a new gas-fired power plant to the generating fleet. Even alternative assumptions yield a net increase in carbon emissions due to the fact that increasing HydroQuebec exports to New England would reduce such exports to other regions, such as New York, which would then have to substitute energy from fossil fuels. 2. William Fowler of Sigma Consultants Inc. (“WSF-1”). Mr. Fowler testifies that, contrary to the assertions of CMP’s expert, Daymark, the proposed ATTORNEYS AT LAW BOSTON NEW YORK PARIS WASHINGTON FOLEYHOAG.COM Chris Simpson and Mitchell Tannenbaum April 30, 2018 Page 2 NECEC project would not qualify for capacity credit within the New England Power Pool without the concurrent retirement of existing Maine power plants of equal generating capacity, thus negating the $50 million annual capacity market benefit to Maine electric ratepayers asserted by CMP. In addition, Mr. Fowler testifies that, due to transmission constraints and other factors, the imports from Hydro-Quebec on NECEC would foreclose the development of additional renewable energy projects in Maine for the foreseeable future, with resulting loss of job opportunities and tax revenues. 3. Tanya Bodell of Energyzt Advisors, LLC (“TLB-1”). Ms. Bodell testifies that the purported “benefits” to Maine ratepayers of NECEC are achieved entirely at the expense of existing Maine generators. In particular, relieving transmission congestion at certain interfaces as CMP proposes would simply move transmission constraints further downstream, such that NECEC would cannibalize existing generators, and prevent the development of new renewable generation in Maine, including proposed projects such as Aqua Ventus, with resulting losses of existing and potential permanent jobs and property tax revenue in Maine. Sincerely, s/John A. Shope John A. Shope B4828286.5