The Maine Public Utilities Commission is planning a Sept. 1 solicitation for an offshore wind developer to build a 25 megawatt floating wind farm, Working Waterfront reported yesterday. The project must be in water that is at least 300-feet-deep and at least 10 miles from the mainland or any inhabited island, according to Working Waterfront. The winning [...]
Continue reading...Tuesday, May 11, 2010
Days after National Grid agreed to purchase 50 percent of Cape Wind’s output, observers and opponents are gawking at the price of offshore wind. The power purchase agreement — which can be seen here — was reached last Friday and submitted to Massachusetts state regulators yesterday. The deal calls for National Grid to pay 20.7 cents [...]
Continue reading...Monday, May 10, 2010
By Peter Brennan Days after receiving federal approval, the Cape Wind offshore wind project cleared another major hurdle by agreeing to a power purchase agreement with local utility National Grid. The agreement, submitted to the Massachusetts Department of Public Utilities today, calls for National Grid to pay 20.7 cents per kilowatt/hour for 50 percent of Cape Wind’s [...]
Continue reading...Wednesday, March 31, 2010
By William Morgan The Rhode Island Public Utilities Commission yesterday rejected a proposed offshore wind power purchase agreement between Deepwater Wind and National Grid as being too expensive and not “commercially reasonable.” Last December, National Grid agreed to buy power from Deepwater’s planned eight-turbine offshore wind project near Block Island for 24.4 cents per kilowatt/hour. That price [...]
Continue reading...Friday, March 12, 2010
By William Morgan The leaders of the Rhode Island House and Senate wrote to the state Public Utilities Commission Wednesday to support an offshore wind pricing agreement between Deepwater Wind and National Grid. One day earlier, however, the director of the Energy Council of Rhode Island sharply criticized the deal and said it would harm large energy [...]
Continue reading...Wednesday, February 24, 2010
By Peter Brennan Offshore wind developer Cape Wind and electricity distributor and generator National Grid received a stern warning last week from Massachusetts’ top energy official regarding the power purchase agreement being negotiated by the two entities. In a Feb. 17, letter addressed to Cape Wind President Jim Gordon and Thomas King, head of Electricity Distribution and [...]
Continue reading...Monday, January 25, 2010
By Peter Brennan A power pricing expert testified last week that a proposed offshore wind power purchase agreement between Deepwater Wind and National Grid is too expensive and should not be approved. Deepwater Wind is planning an eight-turbine project in Rhode Island state waters, near Block Island. The company reached a power purchase agreement last month with National Grid — the utility agreed [...]
Continue reading...Friday, January 1, 2010
By William Morgan The Massachusetts Department of Public Utilities (DPU) approved a memorandum of understanding on Tuesday between National Grid and Cape Wind to begin negotiations on a power purchase agreement for the proposed wind farm. On December 2, Massachusetts officials announced the signing of the MOU as a promising step toward building the 130-turbine offshore project. [...]
Continue reading...Wednesday, December 23, 2009
A power purchase agreement reached early this month between Deepwater Wind and National Grid does not include the expense of a submarine transmission cable to the mainland and that construction could cost ratepayers an additional $50 million, according to a National Grid official. The agreement was a major step toward the development of an eight-turbine offshore [...]
Continue reading...Thursday, December 10, 2009
National Grid has agreed to buy electricity produced by an eight-turbine offshore wind project in Rhode Island state waters, Gov. Donald Carcieri announced yesterday. “This agreement marks a historic moment for the state of Rhode Island,” Deepwater Wind CEO William Moore said in a statement. “Our agreement with National Grid is a critical next step in [...]
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Wednesday, July 28, 2010
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