Deepwater Wind: 14 To Watch in Rhode Island in 2014

GoLocalProv Editors

Deepwater Wind: 14 To Watch in Rhode Island in 2014

Which way will the wind blow in 2014 for the Deepwater Wind project?

2013 saw Deepwater Wind win key leases in the first round of federal auctions in August for offshore wind projects, taking the bids at just over $3.8 million. In December, the state properties committee approved agreements to allow for an underwater transmission cable to go through Scarborough State Beach, to allow Deepwater to build a "demonstration" wind farm off of Block Island.

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The controversial project claims a "capacity of up to 1,000 megawatts (MW) and with the ability to provide reliable, clean energy to multiple power market." Furthermore, "because of the economies of scale and the continuing maturity of the American offshore wind industry, [Deepwater’s] power price would be competitive with traditional fossil fuel power and lower than the first generation of offshore wind farms." As for a projected timeframe, Deepwater says, "Construction could begin as early as 2017, with commercial operations by 2018," which would "produce enough energy to power approximately 350,000 homes—and displace over 1.7 million tons of carbon dioxide emissions annually."

GoLocal Mindsetter John Hazen White posed a number of questions in an October LOOKOUT column about what the project could entail. "What will it do to electric rates—take them artificially higher for all of us ratepayers who will be subsidizing the Block island project, or produce lower rates over the long term once both projects are operational? Will an industry and jobs develop here in Rhode Island to support the projects?" he asked. "Take your pick; it’s being argued both ways. What will it do to the environment? What impact will it have on the marine life and sea birds? How might it affect human health? Who knows."


14 To Watch in RI in 2014

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