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The announcement signals government backing for grid upgrades that could lower congestion and capex needs, potentially improving ES's operating efficiency and customer value. A successful award and deployment could extend ES's grid capacity without new long-haul builds, supporting margins and rate-base growth over multiple years.
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DOE's SPARK program selects Eversource and Dartmouth Engineering for the DREAM project to deploy dynamic line rating on about 4,000 miles of the New England grid. The effort aims to raise capacity, improve real-time visibility, and reduce congestion and costs, potentially delaying new transmission builds. If funded (about $47.7 million) and negotiations succeed, work could start in 2027.
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