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Offshore Wind Pricing Plan Stirring Crosscurrents

The plan for the state s next and possibly largest offshore wind contract is now under Department of Public Utilities review and the regulators there have to decide whether to require bidders to commit to selling the clean energy they generate at a potentially lower price depending on what happens with the pricing of a project already in the pipeline.
The state s next offshore wind request for proposals was submitted to DPU for review and approval Wednesday, an early step towards the procurement of up to 1,600 megawatts of offshore wind power with the goal of executing a final contract by the spring of 2022. ....

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Offshore wind pricing plan stirs crosscurrents

BOSTON â The plan for the state s next and possibly largest offshore wind contract is now under Department of Public Utilities review and the regulators there have to decide whether to require bidders to commit to selling the clean energy they generate at a potentially lower price depending on what happens with the pricing of a project already in the pipeline.
The state s next offshore wind request for proposals was submitted to DPU for review and approval Wednesday, an early step towards the procurement of up to 1,600 megawatts of offshore wind power with the goal of executing a final contract by the spring of 2022. ....

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Mayflower Wind To Offer Cheaper Power Than Planned

Some of the wind turbines which make up part of one of the world s biggest offshore wind farms operated by Dong Energy in the North Sea, 19 miles west of Denmark s Jutland peninsula. Denmark, a pioneer in wind energy, has six other offshore wind farms. (Jasper Carlberg/AP)
A provision tucked into the massive stimulus and federal spending package adopted by Congress last month is likely to bring down the cost of power generated by one of the offshore wind projects expected to deliver electricity to Massachusetts later this decade.
Officials behind Mayflower Wind announced Friday morning that the price of electricity and transmission from the offshore wind farm is slated to drop lower than was contemplated in the contracts a state agency approved last year because the spending plan Congress passed Dec. 21 makes offshore wind projects that begin construction between 2017 and 2025 eligible for a 30 percent investment tax credit, as opposed to the 12 percent credit for projects ....

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Mayflower Wind power could cost 10% less, due to new tax credits

The price of electricity and transmission from the offshore Mayflower Wind farm is slated to drop lower than originally expected due to a new spending plan passed by Congress. ....

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Mayflower Wind Electricity Will Be Cheaper Than Expected

Mayflower Wind Electricity Will Be Cheaper Than Expected
A provision tucked into the massive stimulus and federal spending package adopted by Congress last month is likely to bring down the cost of power generated by one of the offshore wind projects expected to deliver electricity to Massachusetts later this decade.
Officials behind Mayflower Wind announced Friday morning that the price of electricity and transmission from the offshore wind farm is slated to drop lower than was contemplated in the contracts a state agency approved last year because the spending plan Congress passed Dec. 21 makes offshore wind projects that begin construction between 2017 and 2025 eligible for a 30 percent investment tax credit, as opposed to the 12 percent credit for projects that began in 2019 or the 18 percent credit for projects that got underway in 2020. ....

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