By Todd Griset Uncertainty has its costs. Clinical studies confirm what we all know intuitively: uncertainty about what may happen in the future makes it harder for us not only to make plans but also to achieve them. Uncertainty can impact offshore wind projects in several ways. Developers face uncertainty over regulatory regimes, the availability of leases [...]
Continue reading...Friday, July 1, 2011
By Peter Brennan The Rhode Island Supreme Court today upheld Deepwater Wind’s power purchase agreement with National Grid for the planned Block Island Wind Farm. The Rhode Island Public Utilities Commission had approved the power purchase contract in August 2010, but the deal was challenged in court by two local manufacturers. “Today’s ruling solidifies Rhode Island’s position [...]
Continue reading...Thursday, May 12, 2011
An attorney representing two Rhode Island manufacturers told the Rhode Island Supreme Court yesterday that the power purchase agreement for the Block Island offshore wind farm underestimates the cost of the project, the Providence Journal reported. Michael McElroy, who is representing Toray Plastics and Polytop Corp. in their appeal of the Block Island power purchase agreement, [...]
Continue reading...Tuesday, May 10, 2011
Cape Wind might turn to the bond market to finance the planned 468 megawatt offshore wind farm, Dow Jones Newswire reported yesterday. Cape Wind parent company Energy Management Inc., intends to finance 80 percent of the project with Department of Energy loans, according to the Dow Jones report. The company has also reportedly applied for a [...]
Continue reading...Thursday, April 28, 2011
The sighting of several North Atlantic Right Whales in Nantucket Sound — the site of the planned Cape Wind offshore wind farm — has generated new criticism from long-standing project opponent the Alliance to Protect Nantucket Sound, the Cape Cod Times reported. Aerial teams from the National Marine Fisheries Service spotted the whales, and a voluntary [...]
Continue reading...Tuesday, April 5, 2011
Grand Valley State’s Michigan Alternative Renewable Energy Center (MAREC) has formed a partnership with Spain’s National Renewable Energy Centre to measure the wind on Lake Michigan, the Muskegon Chronicle reported yesterday. The organizations will research wind patterns on Lake Michigan and will eventually develop advanced wind mapping for the lake, according to the report. “It’s not [...]
Continue reading...Tuesday, January 25, 2011
Maryland Gov. Martin O’Malley released his legislative agenda on Sunday, including a proposed mandate for utilities to buy electricity from offshore wind farms, the Baltimore Sun reported. According to a summary of the governor’s proposed legislation, the bill will direct the state’s Public Service Commission “to require Maryland’s five distribution utilities to award long-term contracts to [...]
Continue reading...Monday, January 3, 2011
Outgoing Rhode Island Attorney General Patrick Lynch plans to continue his appeal of the Block Island offshore wind power purchase agreement as a private citizen, the Providence Journal reported today. As attorney general, Lynch appealed the state Public Utilities Commission’s approval of a power purchase agreement between National Grid and Deepwater Wind. The PPA calls for [...]
Continue reading...Monday, December 27, 2010
Deepwater Wind has experienced some delays in deploying a spar buoy that will collect wind data in Rhode Island Sound but the company said that the additional work will not impact the time line of the initial Block Island offshore wind farm, the Block Island Times reported today. The company is developing two projects in the [...]
Continue reading...Monday, July 12, 2010
Several months after getting rejected by the Rhode Island Public Utilities Commission, National Grid filed a new power purchase agreement last week to buy electricity from the proposed Deepwater Wind project near Block Island. The new agreement, however, is essentially the same as the deal rejected earlier this year by the PUC for being too expensive, [...]
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Thursday, September 22, 2011
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