Tag Archives: Department of Public Utilities
Wind energy developer files to scrap power agreements. Scrap all of it completely.
Commonwealth Wind on Friday asked Massachusetts regulators to scrap the agreements the company reached with utilities and reopen a new round of bidding. Commonwealth Wind filed a motion with the Department of Public Utilities (DPU) seeking dismissal of the power purchase agreements it reached with utility companies in May, which would render them moot, and a reopening of the process of procuring the project’s 1,200 megawatts of clean wind energy. If the DPU agrees, Commonwealth Wind said it would file a new, updated bid with more viable financial terms. >click to read< 10:45
Massachusetts offshore wind project “no longer viable”
A major offshore wind project in the Massachusetts pipeline “is no longer viable and would not be able to move forward” under the terms of contracts filed in May. Both developers behind the state’s next two offshore wind projects are asking state regulators to pause review of the contracts for one month amid price increases, supply shortages and interest rate hikes. There’s an obvious bit of irony in seeing the same state and federal government actors who have pushed “green energy” down everyone’s throats sitting on this particular sideline. Those same people whose policies helped drive this collapse in the supply chain and the labor market, along with the spike in the prices of pretty much everything, are now watching as one of their signature “clean energy” achievements fall victim to the conditions they created. >click to read< 08:48
FEDERAL COURT DECISION ON CAPE WIND NSTAR CONTRACT “GRAVELY FLAWED”
“DOER … saw NSTAR’s merger application as an opportunity to accomplish through backroom strong-arming what Massachusetts was not lawfully permitted to do openly and directly: to compel NSTAR to enter a contract procuring electricity from Cape Wind at a price high enough to allow Cape Wind to build,” according to the brief. Read more here 19:27
