IN DEPTH: Maine mulls Aqua Ventus

VolturnUS 1:8 pilot

VolturnUS 1:8 pilot

State regulators will “most likely” hold public hearings in January to help decide whether ratepayers should subsidize the proposed two-turbine, 12MW pilot Maine Aqua Ventus I offshore wind project, a Public Utilities Commission (PUC) official tells Recharge.

Earlier this month, the consortium behind the first phase floating project submitted a draft agreement that seeks PUC approval for the annual sale of up to 43,099MWh of electricity to the state grid at a price of 23 cents per kWh, plus a 2.25% yearly inflation adjustment. About 6,000 homes would obtain electricity from the project.

Maine Aqua Ventus GP, LLC, consists of three general partners: Maine Prime Technologies, a spin-off company representing the University of Maine; Emera, an energy and services firm with headquarters in Halifax, Nova Scotia; and Cianbro, a Log in to read complete article.

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