Mass. shows interest in financing Maine wind project
Could provide up to 40% of the $1.7 billion cost
STATE HOUSE NEWS SERVICE
A 1,000 MEGAWATT onshore wind project planned for northern Maine and an associated transmission build-out “would provide benefits to Massachusetts and the region,” the Mass. Department of Energy Resources said as it determined that it makes sense to have Bay State ratepayers cover 40 percent of the project costs as part of a multi-state clean energy effort.
The Maine Public Utilities Commission selected the two projects — Longroad Energy’s King Pine 1,000 MW land-based wind generation project and LS Power Base’s 345 kilovolt (kV) transmission line project — in October to fulfill that state’s clean energy law requirements. The anticipated net cost of the two projects is $1.7 billion over 30 years, but the Maine PUC directed its staff “to look to other states to assess if there are partnerships that could reduce the costs to Maine.”
At the same time, DOER and the Mass. attorney general’s office (in its ratepayer advocate function) had until Saturday to determine whether there was a multi-state clean energy project that would meet detailed criteria set out in Massachusetts’ newest climate law. That law authorized DOER to “coordinate with one or more New England states undertaking competitive solicitations to consider projects for long-term clean energy generation, transmission or capacity for the benefit of residents of the commonwealth and the region.”
The Maine PUC gave its staff until January 15 to issue a report “as to the initial determination of regional partnerships, and based on that determination, recommend next steps to advance these projects.” The Massachusett. DOER said that its determination and willingness to join forces with Maine will terminate if “the Projects do not have sufficient contracting commitments to support project viability by February 28.”