Eversource Energy and United Illuminating file for power agreements

Eversource Energy and United Illuminating have filed with the Public Utilities Regulatory Authority (PURA) executed power purchase agreements for the 804 MW
Park City Wind Project, being developed by Vineyard Wind. The Connecticut Department of Energy and Environmental Protection (DEEP) selected the Park City Wind project in December 2019 to advance to contract negotiations with the two utilities.

The filing of these contracts marks another step forward for
Park City Wind.  If approved by PURA, the project is expected to provide the equivalent of 14% of the state’s electricity supply once it comes online in 2025, representing the largest purchase of renewable energy in Connecticut’s history.

Under the agreements, the utilities will purchase energy and environmental attributes associated with the project for a twenty-year term. The project will more than double the amount of new zero-carbon renewable energy procured by DEEP to date.

The project was selected through a competitive request for proposals (RFP) that DEEP conducted pursuant to Public Act 19-71, An Act Concerning the Procurement of Energy Derived from Offshore Wind, signed by Governor Ned Lamont in June 2019 after receiving overwhelming bipartisan support in the Connecticut General Assembly. It represents a major step towards Governor Lamont’s goal of a 100% zero-carbon electricity supply by 2040.

The project also includes an estimated $890 million in direct economic development in Connecticut, including Bridgeport Harbour and the local supply chain. The project includes a commitment to pay no less than the prevailing wage and to negotiate in good faith for a mutually agreeable project labour agreement. Vineyard Wind estimates 2,800 direct full-time employment years will be created in Connecticut through the project.

“This news marks another positive step toward our goal of achieving a completely carbon-free electricity supply within 20 years,”
Governor Lamont said. “I look forward to the day this project comes online, and the many significant benefits it will bring Connecticut, its residents, and the region for years to come. This project is a critical element to the state becoming a leader in this emerging industry, and it will spur incredible job growth and economic activity around our state.”

This is the state’s third procurement with offshore wind as a competitive resource, and the first procurement specifically focused on offshore wind. In 2018, DEEP selected a total of 304 MW of offshore wind from Revolution Wind developed by Ørsted and Eversource.
Revolution Wind includes economic development commitments to the state pier in New London.  

For more information on offshore wind farms worldwide, click here. Alternatively, you can view projects across the globe using 4C Offshore's interactive map.

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