Rhode Island Utility Commissioners Approve 20-Year Renewables PPA Joint Venture

The state regulators of Rhode Island had recently approved a 20-year Power Purchase Agreement (PPA) for the power generated and delivered by an offshore wind joint venture of Orsted and Eversource Energy.

According to a report published on the website of the Renewable Energy World, the Rhode Island Public Utilities Commission had collectively approved the Power Purchase Agreement with utility National Grid for 400 megawatts in wind power capacity from the Revolution Wind Project. The report added that project developer DWW Rev 1 is a joint venture of Orsted U.S. Offshore Wind and New England utility Eversource.

The CEO of Orsted U.S. Offshore Wind and President of Orsted North America, Thomas Brostrom, stated, “We are ready to get to work to deliver dramatically more offshore wind energy, jobs, and energy savings to Rhode Island. We are proud to be Rhode Island’s partner in a project that builds upon the success of the Block Island Wind Farm to now truly transform the state’s energy future.”

The work on local construction on Revolution Wind will start as early as 2020 once all the permits are ready and in-hand. The offshore installation is expected to start in 2022 while the project is targeted to start operation by 2023. The report also indicated that the offshore oceanographic and geophysical survey work started last year.

Eversource Executive Vice President for Enterprise Energy Strategy and Business Development Lee Olivier, said, “Rhode Island is making tremendous strides in achieving the state’s ambitious clean energy goals. With Revolution Wind set to deliver a quarter of the state’s total electric load, offshore wind is now poised to become a major component of the state’s energy mix.”

The project would be consisted of approximately 50 turbines installed in federal waters between Montauk, New York, and Martha’s Vineyard in Massachusetts. Connecticut had also chosen an estimated 300 megawatts from Revolution Wind in a PPA.

Know more about this new project by reading the article here.

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