Tag Archives: Public Utilities Commission

Regulators apply brakes to offshore wind power project led by UMaine

Longstanding efforts to establish an offshore wind energy industry in Maine suffered a setback Tuesday when state utility regulators voted to reopen a previously negotiated power contract to test a patented technology for deep-water floating wind farms. Since January, supporters of the Maine Aqua Ventus project had expressed concern that action by the Public Utilities Commission to alter a power-rate contract set in 2014 could doom the University of Maine-led venture just as it’s reaching the critical stages for financing and permits. >click to read<10:10