Park City Wind Asks Connecticut to Adjust Energy Bid ‘to Reflect Current Economic Realities’
Avangrid Senior Vice President for Offshore Projects, Sy Oytan, said that the company will ask Connecticut for a “modest adjustment” to the state’s contract to buy power from the company’s planned 804 megawatt Park City Wind project south of Martha’s Vineyard, to “reflect the current economic realities.”
In a call with investors on Thursday, Oytan said the company would be delaying by a year both its Park City project and the 1,200 MW Commonwealth Wind project, and would ask both Connecticut and Massachusetts to adjust contracts to buy power from those projects.
Melissa Birchard, director of clean energy for the nonprofit renewable advocate Acadia Center, said that the “short delay” of the two projects is understandable given the global challenges in energy.
Birchard said it’s good news that the delay still keeps the projects in line to be completed within the timeframes laid out in their contracts with the states. She said the push for offshore wind needs to continue on multiple fronts, to make sure that progress is still being made even if individual projects are delayed.
“We need to do everything we can to bring offshore wind to customers as soon as possible, along with other renewables,” Birchard said. “The spiking costs of fossil fuels are hurting families and businesses and the impacts of climate change are getting worse every year.”
Read the full article in The CT Examiner here.