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Floating wind asks questions

4C Offshore | Matthew White
By: Matthew White 13/06/2018 Maine Aqua Ventus
Maine Aqua VentusThe Maine Public Utilities Commission (PUC) voted to review Maine Aqua Ventus terms for its two-turbine R&D project off of Monhegan Island.

Maine Aqua Ventus say that UMaine is extremely committed to this project, and that itself is confident that it can answer the PUC’s questions to establish a PPA that allows the project to move forward as soon as possible.

The PUC will issue an order in the next several weeks that includes specific requests for additional information. Maine Aqua Ventus will take the opportunity to provide additional information in support of a Power Purchase Agreement.

The Ocean Energy Act was passed unanimously by the State Legislature in 2010.  Following this, the Maine voters approved an $11 million bond to move the project forward.

The American Jobs Project issued a report in June 2018 that estimates the project can help produce more than 2,100 Maine jobs per year through 2030.

Four years ago, when the PUC approved the draft term sheet, there was no offshore wind industry in the United States. Earlier this month, Massachusetts awarded an 800MW offshore wind project, Rhode Island awarded 400MW offshore wind project, and New Jersey’s governor signed into law 3,500MW of offshore wind by 2030.

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