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Connecticut will join Maine and Colorado in passing laws that prohibit utilities from using ratepayer money to cover lobbying expenses. All too often recent scandals are demonizing utility rate hikes, spending and day-to-day operations. Would providing greater transparency rebuild the trust that has been lost? Or will it only result in more scrutiny..
Energy Central…
The post Connecticut Gives Go-Ahead for 804-MW Offshore Wind Project appeared first on POWER Magazine.
Vineyard Wind’s 804-MW Park City project was given the go-ahead by Connecticut officials on Dec. 5, with regulators saying Vineyard’s bid in an offshore wind solicitation was “lower than any other publicly announced offshore wind project in North America.”
Vineyard Wind competed against other groups in the bidding, including developers backed by Ørsted and Shell. The company now will negotiate contracts with the state’s two major utilities, Eversource and United Illuminating Co.
The Park City development is considered the largest renewable energy project in Connecticut history. State officials said it could provide about 14% of the state’s electricity. The project’s turbines would be located south of Martha’s Vineyard and Nantucket, and would not be visible from Connecticut’s shoreline.
The project includes redevelopment of port facilities in Bridgeport Harbor. Vineyard Wind CEO Lars Thaaning Pedersen in a conference call on Thursday would not disclose the project’s cost, but the price for a similar Vineyard Wind project off the Massachusetts coast is about $ 3 billion.…