EVERSOURCE, New England’s largest utility, said on Thursday that it plans to exit the offshore wind business and write down the value of its holdings by $220 million to $280 […]
Offshore Wind
Posted inEnergy
Vineyard Wind components arrive in New Bedford
THE NATION’S fledgling offshore wind industry took a very visible step forward on Thursday as a ship from Portugal delivered components for the first US industrial-scale wind farm to the […]
Posted inEnergy, State Government
Healey playing catch-up with latest offshore wind procurement
THE HEALEY ADMINISTRATION made the best of a bad situation on Tuesday, issuing a draft of the state’s fourth request for offshore wind proposals that reworks the failed third procurement, […]
Posted inEnergy
Avangrid CEO mentions default on wind farm deal
THE CEO of Avangrid told financial analysts on Wednesday that his company has defaulted on a provision in its offshore wind power purchase agreement with three Massachusetts utilities. It’s not […]
Posted inEnergy, Politics
Somerset elects newcomer to Select Board
VOTERS IN SOMERSET elected a new member to the Select Board on Monday who has expressed interest in resolving a dispute that has stalled the sale of land at Brayton […]
Posted inEnergy
Select Board race in Somerset has offshore wind ramifications
A BATTLE FOR A SEAT on the Somerset Select Board is shaping up as a referendum on the board’s oversight of Brayton Point, which many in town hope will become […]
Posted inEnergy, Environment
Offshore wind industry united on pricing adjustments
MASSACHUSETTS POLICYMAKERS may be split on whether offshore wind developers should be allowed to adjust the pricing in their existing power purchase agreements to cope with changing economic conditions, but […]
Posted inEnergy, Environment, State Government
Prysmian seeks assurances before building Somerset plant
THE PRYSMIAN GROUP says it wants to push ahead with plans to open a manufacturing facility at Brayton Point in Somerset to serve the emerging offshore wind industry, but it […]
Posted inEnergy, Environment
Senate leader calls for banning Avangrid from future projects
THE SENATE’S top budget official is calling for Avangrid to be banned from bidding on any future projects in the state if it terminates its current offshore wind contract. Avangrid […]
Posted inEnergy, Environment
Avangrid seeking price relief on offshore wind, hydro projects
THE CEO of Avangrid told financial analysts on Wednesday that his company needs price relief on two of the biggest renewable projects in New England – a major wind farm […]
Posted inThe Download
Somerset infighting resumes; cable factory may be threatened
The town of Somerset – and its largest landowner, Brayton Point LLC – are fighting again, potentially jeopardizing the construction of a factory making cable for the emerging offshore wind […]
Posted inEnergy, Environment
Somerset infighting resumes; cable factory may be threatened
THE TOWN of Somerset – and its largest landowner, Brayton Point LLC – are fighting again, potentially jeopardizing the construction of a factory making cable for the emerging offshore wind […]
Posted inThe Download
Lawmakers walk tightrope on wind power contracts
The Legislature’s energy experts say it makes sense to penalize CommonWealth Wind and Mayflower Wind if they default on their recently approved power purchase contracts, but the lawmakers don’t want […]
Posted inEnergy
Lawmakers walk tightrope on wind power contracts
THE LEGISLATURE’S ENERGY experts say it makes sense to penalize CommonWealth Wind and Mayflower Wind if they default on their recently approved power purchase contracts, but the lawmakers don’t want […]
Posted inEnergy, State House News Service
Mass. shows interest in financing Maine wind project
STATE HOUSE NEWS SERVICE A 1,000 MEGAWATT onshore wind project planned for northern Maine and an associated transmission build-out “would provide benefits to Massachusetts and the region,” the Mass. Department […]
Posted inOpinion
Sky is not falling with offshore wind
MASSACHUSETTS’ INEVITABLE march toward becoming a wind energy powerhouse suffered a setback recently when the news broke that Avangrid had filed to terminate its contracts to build the 1.2-gigawatt Commonwealth […]
Posted inEnergy, Environment
DPU approves wind farm contracts despite financing concerns
A correction has been added to this story. THE DEPARTMENT OF PUBLIC UTILITIES on Friday approved 20-year power purchase agreements between the state’s three major utilities and the offshore wind […]
Posted inEnergy, Environment, State Government
Utilities urge DPU to force wind developer’s hand
EVERSOURCE, NATIONAL GRID, and Unitil are urging state regulators to require Avangrid to push ahead with its 1,200-megawatt Commonwealth Wind project even though the company says the price it would […]
Posted inEnergy, State Government
Santa comes early for offshore wind businesses
CHRISTMAS CAME early for the fledgling offshore wind industry in Massachusetts, as the Baker administration handed out $180 million on Tuesday for infrastructure improvements and businesses in New Bedford, Somerset, […]
Posted inEnergy
Avangrid pulls out of major Mass. offshore wind procurement
AVANGRID PULLED OUT of a major Massachusetts offshore wind procurement at the final stage on Friday, saying its previously negotiated power purchase contract was no longer adequate to secure financing […]
Posted inEnergy
Avangrid refuses to budge on need for pricing changes
THE DEPARTMENT OF PUBLIC UTILITIES was very clear a week ago, telling the state’s two leading offshore wind developers that they could either move forward with the pricing contracts they […]
Posted inEnergy
Baker aide urges Avangrid to stay the course
GOV. CHARLIE BAKER’S top energy aide urged the offshore wind developer Avangrid to abandon efforts to reopen its electricity contract with the state and abide by the existing terms. Avangrid […]
Posted inThe Download
Clock ticking, Avangrid finds itself isolated
Avangrid, the state’s leading wind farm developer, suddenly finds itself facing both economic — and political — headwinds. Avangrid told state regulators its 1,200-megawatt Commonwealth Wind project could not get […]
Posted inEnergy
Clock ticking, Avangrid finds itself isolated
AVANGRID, the state’s leading wind farm developer, suddenly finds itself facing both economic — and political — headwinds. Avangrid told state regulators its 1,200-megawatt Commonwealth Wind project could not get […]