in the industry that called into question the future of offshore wind in New England, Massachusetts and its southern neighbors on Wednesday got the menu of options for the next phase of clean energy development.
"The Healey-Driscoll Administration will review bids over the coming months, and coordinate with Connecticut and Rhode Island to evaluate multi-state projects that would increase benefits for the region, lower costs, and enhance project viability," Department of Energy Resources Commissioner Elizabeth Mahony said.
The bids will be evaluated by a group led by the energy resources department and which includes the utilities required to buy the cleaner power , the Executive Office of Economic Development, and the consultation of an independent firm.
"Vineyard Wind 2 has been conceived with a focus on deliverability, achieved by mitigating supply chain risks, maximizing potential federal tax credits, utilizing a robust delivery point, and leveraging New England’s port infrastructure," the company said in its bid.
Avangrid, which is also behind the operational Vineyard Wind 1 projecy, said its New England Wind projects are"among the most mature offshore wind opportunities in the nation, with the ability to achieve commercial operations before the end of the decade, delivering an urgent energy, climate, and economic solution to the region.", which was canceled in August after the developer said it could no longer finance the project at the price it agreed to accept for its power.
The New England Wind 1 project is"an exceptionally advanced and shovel-ready project" that used to be known as Park City Wind, Avangrid said. The company last year paid a penalty to Connecticut to terminate the contracts it had to develop Park City Wind for that state's utilities. "New England Wind 1 offers extraordinary certainty and viability. With complete state, regional, and local permitting, a signed host community agreement with the Town of Barnstable, and a nearly complete federal permitting program, the project can begin construction as soon as next year and achieve commercial operations in 2029, helping achieve ambitious 2030 state climate targets set by the New England states," the company said in its announcement.
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