Stay updated with breaking news from King Pine. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
PORTLAND, Maine (AP) — Massachusetts intends to finance up to 40% of a wind power project in far northern Maine, potentially giving the state the partner it needs to make the project a reality. The partnership comes as states in the Northeast are struggling with surging energy costs .
A 1,000 megawatt onshore wind project planned for northern Maine and an associated transmission build-out "would provide benefits to Massachusetts and the region," the Mass. Department of Energy Resources said as it determined that it makes sense to have Bay State ratepayers cover 40 percent of the project costs as part of a multi-state clean energy effort.
A 1,000 megawatt onshore wind project planned for northern Maine and an associated transmission build-out "would provide benefits to Massachusetts and the region," the Mass. Department of Energy Resources said
Those agencies signed a memorandum of understanding last October with the Maine Public Utilities Commission, outlining terms by which the Bay State will consider the northern Maine energy proposals.
The transition to renewable power is no longer held back by technology but by supply chain problems, labor problems – and opposition to necessary projects.