Massachusetts oks 409MW in PPAs

A First Wind wind farm in Maine.

A First Wind wind farm in Maine.

Massachusetts regulators have approved 12 long-term wind power purchase agreements totaling 409MW from three projects that are expected to enter service in 2015 and 2016.

The contracts are between four Massachusetts electric distribution companies - Unitil, NSTAR Electric, National Grid and Western Massachusetts Electric Company - and developers Iberdrola Renewables and First Wind.

Selected for PPAs were Iberdrola’s 75.9MW Wild Meadows project in New Hampshire, and the 147MW Oakfield and 186MW Bingham projects in Maine being developed by First Wind subsidiaries Evergreen Wind II and Blue Sky West, respectively.

The weighted average price for electricity is less than eight cents per kWh. Massachusetts ratepayers will save $853m over the contract terms, according to Energy and Environmental Affairs Secretary Log in to read complete article.

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