Proposed $700M Killingly power plant clears key hurdle

Killingly Energy Center (KEC) developer NTE Energy had previously tried and failed twice in ISO-NE’s annual forward capacity auction, which helps secure power system resources three years into the future.

A forward chttp://www.hartfordbusiness.com/article/20190207/NEWS01/190209922/1002apacity contract would mean monthly payments for the $700 million KEC, in exchange for its pledge to be available in 2022-2023.

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