Massachusetts OKs Cape Wind Deal with National Grid

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Cape Wind, the first offshore wind farm ever approved in the U.S., passed another major milestone this week with the approval by the Massachusetts Department of Public Utilities of a 15-year Power Purchase Agreement with the utility, National Grid, to buy Cape Wind’s energy, capacity and renewable energy credits, Timothy Hurst writes in the ecopolitology blog.

“Massachusetts is now in a position to become a global leader in offshore wind power creating thousands of new jobs and a more secure, hopeful energy future,” Cape Wind President Jim Gordon said. “This long-term contract not only secures an abundant, inexhaustible clean energy resource but protects consumers from rising fossil fuel and environmental compliance costs,” Gordon continued.

For full ecopolitology story, click here.

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