Offshore wind contracts approved against Commonwealth, Mayflower Wind wishes
The DPU determined that the contracts, which the wind developers and utility companies agreed to in May, "are in the public interest."
Source: capecodtimes.com
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Offshore wind makes its U.S. debut with East Coast wind farms
Offshore wind has picked up momentum in recent years. After more than a decade of stops, starts and high-profile failures, construction of a massive new U.S. power source meant to displace planet-warming fossil fuels has finally begun at a turbulent time for the industry.
Source: worldoil.com
US offshore wind developers continue to seek annulment as viability sags
Following Avangrid’s requested contract annulment, Shell and Ocean Winds say they agree that developing offshore wind projects pursuant to contract specifications is no longer economically viable.
Source: shippingwatch.com
Commonwealth Wind wants to back out of contracts - The Martha's Vineyard Times
Commonwealth Wind filed an 11-page motion on Dec. 16 with the Massachusetts Department of Public Utilities (DPU) to have several long-term power purchase agreement (PPA) contracts with several electric distribution companies dismissed. According to the Commonwealth Wind website, it is an offshore wind project owned by Avangrid, planned to be built in waters 22 miles […]
Source: mvtimes.com
Mayflower Wind Appeals for Delay due to Inflation and Supply Hardships
The challenges to Massachusetts’ plans for the rapid development of offshore wind power generation are continuing to mount as Mayflower Wind repeated...
Source: maritime-executive.com