RI Energy rejects plan for nearly 1000MW offshore wind project
Rhode Island Energy, formerly known as National Grid Rhode Island, announced Tuesday it’s ending a long-term power purchase agreement proposal with offshore wind companies Orsted and Eversource. The plan would have allowed the energy group to move forward with a plan to create 600 to 1,000 megawatts of offshore wind generation as part of a project dubbed Revolution Wind 2. “The economic development benefits included in the proposal were weighted and valued appropriately by our evaluation team, but ultimately it was determined those features did not outweigh the affordability concerns and other [state law] standards,” Rhode Island Energy president Dave Bonenberger said in a statement. >click to read< 16:38
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