• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Corporate News
  • Generation
  • Oil & Gas
  • Regulation
  • Renewable
    • Climate
    • Solar
    • Wind
  • Storage
  • Tech
  • T & D
Energy News Desk Logo

Energy News Desk

Energy News and Data

Massachusetts DPC Approves Offshore Wind Energy Contracts

November 10, 2020 by NA Windpower

The Massachusetts Department of Public Utilities (DPU) has issued an order approving long-term contracts for 804 MW of offshore wind between Mayflower Wind and the state’s electric distribution companies.  

These contracts result from An Act Relative to Energy Diversity, which was signed by Gov. Charlie Baker in 2016, and will ultimately support economic development along the coast, ensure a resilient energy future for the state and secure progress toward greenhouse gas reduction requirements. The project will bring the amount of offshore wind procured to approximately 1,600 MW.

“The approval of these contracts furthers Massachusetts’ development of an offshore wind industry that will create local jobs, spur economic development and provide Massachusetts ratepayers with clean, affordable and resilient energy,” says Baker. 

Mayflower Wind’s bid to develop an offshore wind facility was selected for contract negotiation in October 2019 based on criteria established under a request for proposals (RFP) that was previously subject to public comment and approved by the DPU after review by an independent evaluator in May 2019. 

Criteria used in the evaluation of the bids included an economic evaluation of the benefits for ratepayers, the project’s ability to provide enhanced electric reliability, the project’s ability to foster employment and economic development in the state, and the project’s mitigation of environmental impacts. 

As a result of a stringent review, Mayflower Wind was determined to provide the greatest overall value to Massachusetts customers by delivering approximately 800 MW of offshore wind capacity per year while providing substantial ratepayer benefits. The DPU’s order approved the selection and found that these contracts are cost-effective as well as in the public interest. Overall, the total net benefits, including both direct and indirect benefits, to Massachusetts ratepayers over the life of the contract are expected to be approximately $2.4 billion.

Additionally, the contracts include a $77.5 million commitment to support the offshore wind industry, scientific research and economic development in Massachusetts and the South Coast.

Photo: Gov. Charlie Baker

Original source: North American Wind Power

Filed Under: Renewable, Wind

Primary Sidebar

Join The Daily Charge

This week's top 5 stories in your inbox. No spam ever.

Trending

  • Apollo Makes Structured Investment in U.S. Wind Inc.
  • Enel Starts Construction on Lily Solar+Storage Project
  • eia.gov logo U.S. liquefied natural gas exports remain at low levels this summer
  • The Canadian Renewable Energy Association Names President and CEO
  • UMD Researchers Receive Grant to Examine Solar, Agriculture
  • Carbon Trust: 70 GW of Floating Wind Capacity by 2040
  • Offshore Wind Industry Needs 77,000 Trained Workers by 2024
  • New Subcommittee Focuses on Hybrid Resource Needs
  • evoblade Increases Turbine AEP with Retrofittable Spoiler
  • OPSB Removes Modified Turbine Feathering Requirement from Icebreaker Project

Footer

Trending

  • Apollo Makes Structured Investment in U.S. Wind Inc.
  • Enel Starts Construction on Lily Solar+Storage Project
  • U.S. liquefied natural gas exports remain at low levels this summer
  • The Canadian Renewable Energy Association Names President and CEO
  • UMD Researchers Receive Grant to Examine Solar, Agriculture

Recent

  • Quick Tips To A Sustainable Future
  • Stem Provides Smart Energy Storage Solutions to Today’s Power
  • EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
  • Homeowners associations still a barrier for some would-be solar customers
  • Commentary: With open standards, U.S. can build EV charging infrastructure faster

Search

Contact Us

Write For Us

  • Email
  • Facebook
  • Twitter

Copyright © 2023 · EnergyNewsDesk.com