First and only offshore wind farm in the GOUSA
❝ Massachusetts electricity users will save about $1.4 billion over 20 years from the first commercial-scale offshore wind farm in the U.S.
Avangrid Inc. and Copenhagen Infrastructure Partners, joint developers of the 800-megawatt project south of Martha’s Vineyard, expect to provide power and renewable energy credits for 6.5 cents a kilowatt-hour according to a letter Wednesday from the state Department of Energy Resources.
❝ That’s a levelized price in 2017 dollars over the term of the contracts, and makes the Vineyard Wind project about 18 percent cheaper than other alternatives, according to the letter. It’s also lower than the wind industry expected and shows that offshore wind can be a competitive source of clean energy as costs continue to come down.
Between Congress and the Two Old Parties, the United States probably would be late to our own funeral. We not only fail to get anything done on time. We blather around playing spin the bottle with all the failing old corporations afraid to build for the future. Our future.