The global offshore wind industry has been waiting on the edge of its seat for a look at the price that won Vineyard Wind its 800MW deal with Massachusetts in May. The numbers are in, and they may come as surprise.

In a letter filed Wednesday, Massachusetts’ Department of Energy Resources asked the state’s utilities regulator to approve a 20-year deal with Vineyard Wind that would pay out $74/MWh for the first 400MW phase and $66/MWh for the second phase, with a 2.5%