New England States Buy Offshore Wind Power as US Industry Struggles
Three U.S. states in New England - Massachusetts, Rhode Island and Connecticut - on Wednesday agreed to jointly procure offshore…
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Three U.S. states in New England - Massachusetts, Rhode Island and Connecticut - on Wednesday agreed to jointly procure offshore…
Utility industry news and analysis for energy professionals.
Earlier this week, another offshore wind developer canceled agreements to sell power to local utilities - this time in Connecticut - because the previously agreed upon prices for that power was too low to cover the rising cost of building the project. The three states will seek multi-state offshore wind proposals for selection in 2024 for up to 6,000 megawatts (MW) of power.
Three U.S. states in New England - Massachusetts, Rhode Island and Connecticut - on Wednesday agreed to jointly procure offshore wind power as soaring interest rates and rising equipment and labor...
Earlier this week, another offshore wind developer canceled agreements to sell power to local utilities - this time in Connecticut - because the previously agreed upon prices for that power was too low to cover the rising cost of building the project. The three states will seek multi-state offshore wind proposals for selection in 2024 for up to 6,000 megawatts (MW) of power.