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offshore wind power

Rhode Island Offshore Wind Experiment At Risk

Yesterday the Rhode Island Public Utilities Commission unanimously rejected the recently negotiated power-purchase agreement between the developer of the offshore wind project and National Grid, the state's electricity retailer.  The three members of the commission spoke out during the public hearing, each claiming that the proposed contract contained a power price that was too high and that the overall deal, based on the standard set by statute for evaluating power price agreements, was not "commercially reasonable."  =>Continue Reading

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