Massachusetts lawmakers are supporting green energy. With Boston hosting a US-China Climate Summit in 2017, the state is preparing to become a sustainability example for other states and countries to follow.
Led by the UK and Germany, the installed capacity of global offshore wind is now over 11,000 MW and is expected to increase by 12,000 MW by 2019, according to Bloomberg New Energy Finance. The Massachusetts proposal would allow U.S. offshore wind developers their first opportunity to work at something near that scale.
Deepwater Wind’s 30 MW, five-turbine Block Island Wind Farm, expected to be operational this summer off Rhode Island’s coast, will be the first U.S. offshore wind project. Its 20-year power purchase agreement with National Grid has a contracted price of $0.244/kWh.
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