ITC LAKE ERIE CONNECTOR PROJECT

To Ontario / IESO:

• The Lake Erie Connector project is well aligned with Ontario's goals to achieve a more affordable, cost-effective electricity system.
• By harnessing energy trading with the largest electrical market in the world, the province can secure more affordable resources when needed, and find high-value export markets when the province is in surplus - all the while using transmission lines that are presently underutilized.
• These benefits will prove valuable for Ontario's electricity system, help to lower costs for residents and businesses, and can be done without using taxpayer subsidies.

To U.S. / PJM

• The Lake Erie Connector project provides access to another significant market with a very different resource mix.
• Increased trading opportunities for PJM market participants with resulting increases in market efficiencies.
• Allows load-serving entities and large electricity customers in PJM to obtain energy from non-emitting wind, solar, hydro and nuclear resources during periods of surplus generation in Ontario with a resulting reduction in PJM's emissions profile

• The Lake Erie Connector will provide system reliability and security benefits.
• The project is expected to increase market efficiencies and benefit local economics.
• When completed, the Lake Erie Connector will make tax payments which will benefit local communities and residents.

• High-voltage direct current (HVDC) cables have very little impact on their environmental surroundings. The HVDC technology is safe, reliable and proven. The solid cables are well insulated, contain no gels or liquids, and are made from non-flammable materials. Because the cables are constant direct current (DC), no fluctuating electromagnetic fields are created. The HVDC converter stations that will be located on either end of the cable will utilize the latest technology which has proven robust, flexible and very stable.
• Most of the HVDC cable for the Lake Erie Connector will be buried under Lake Erie. The water jet installation process minimizes disturbance to the lake bed and helps minimize the width of the trench, which is barely larger than the cables themselves and which begins to be filled in by natural forces once the cables are in place.
• Transmission lines buried underwater are less susceptible to damage by inclement weather or natural disasters.
• If a cable is damaged, automatic protection systems stop the power flow within a fraction of a second. 

• The ITC Lake Erie Connector will be funded by parties interested in purchasing capacity on the line.