As part of Massachusetts’ Energy Diversity Act, Mayflower Wind’s offshore project will double the state’s wind procurement to 1.6GW with a $3.7 billion rate reduction, which will reduce costs for customers.
Key Takeaways:
- The Massachusetts Energy Diversity Act, signed into law by Gov. Charlie Baker in 2016, requires utilities to contract for 1.2GW of renewable energy generation
- Phase 1 of the project – the 800MW Vineyard Wind I project, may be delayed for federal studies
- All told in two projects, these offshore developments would represent 12% of the state’s annual energy demand
Path to 100% Perspective:
Despite federal study delays, this offshore wind project highlights a narrative that is becoming common in states which are seeking to pioneer the way forward on a path to 100% renewables. On top of making bold requirements for procurement of renewables, many states are also seeing a reduction in rates, which is a double-win for society. Learn more about the project, the challenges and the law itself by reading more on the Environment & Energy Leader’s article “Massachusetts Taps Mayflower Wind for 804-MW Offshore Wind Project.”
Below, a map showing the selected siting areas and which companies in the region are developing wind products.
Courtesy of Power Advisory LLC:
