A 339-mile power line stretching from Quebec to Queens, which opened in May as the longest underground transmission line in North America, could provide up to 20% of New York City's electricity demand, largely with hydropower from Quebec. During a heat wave on July 3, New York State imported enough electricity from Canada to meet about 9% of its total demand. However, the line has been down for most of this month, and experts are concerned about how drought will affect the power supply feeding it.
In separate news, the US Treasury is threatening to sanction Chinese AI companies, with Treasury Secretary Scott Bessent accusing Moonshot of improperly distilling Anthropic's Fable model. Nvidia CEO Jensen Huang has argued that America has nothing to fear from Chinese AI. Analysts note that Chinese models have become part of the global AI infrastructure, creating complex dynamics in the AI industry.