The first operating South Fork Wind farm turbine stands east of Montauk Point, N.Y., in Dec. 2023. It is the first commercial-scale offshore wind farm in the country. Wind energy in the U.S. has grown significantly since 2000, to about 434 billion kilowatt-hours in 2022 from 6 billion kWh, according to the U.S. Department of Energy. Julia Nikhinson/Associated Press
Maine’s offshore wind research project in the Gulf of Maine is the subject of negotiations that are picking up speed among state regulators, the project’s developers and the Public Advocate, who are trying to determine how much the zero-carbon energy will ultimately cost utility customers.
The PUC on July 11 ordered that the price – or how it’s structured for the project in a contract between the developer, Pine Tree Offshore Wind, and CMP or Versant – should be “sufficiently defined and certain” to allow regulators to determine whether the cost to…
