in News Departments > Projects & Contracts
print the content item

Renewable energy developer First Wind and the Massachusetts Municipal Wholesale Electric Co. (MMWEC) have announced an agreement that will bring clean energy from the developer's planned 51 MW Hancock Wind project near Ellsworth, Maine, to 17 Massachusetts municipal utilities.

Under a 25-year, fixed-price contract, First Wind will sell nearly 75% of the power and capacity generated at the wind farm to MMWEC. Consistent with its nonprofit, Joint Action Agency model, MMWEC will resell the power and capacity at cost to 17 of its member municipal utilities.

"This contract brings competitively priced energy from the Hancock Wind project to the MMWEC power portfolio and to the customers of our municipal utilities," says Ronald C. DeCurzio, CEO of MMWEC. "It also brings a valuable measure of diversity and price stability to the MMWEC resource mix at a time when the region's reliance on natural gas is of concern."

Under a deal announced earlier this month, Vermont-based municipal utility Burlington Electric Department is purchasing the remaining energy from the Hancock project.

Hybrid Energy Innovations

Hybrid Energy Innovations 2015
Latest Top Stories

To Help Combat Costly Electricity Theft, Emerging Markets Turn To Smart Grid Infrastructure

According to a new report, the world loses a whopping $89.3 billion to electricity theft annually, and emerging country markets are feeling a majority of the pain.


Report: Utilities Face Big Revenue Cuts From Distributed Energy Resources

According to a new report from Accenture, the growth of solar and other resources, such as energy storage, could mean significant losses for utilities.


NextEra To Acquire Hawaiian Electric In $4.3 Billion Merger Deal

If approved, the agreement between the two energy companies would produce one of North America's largest renewable energy players.


EPA Racks Up Over 1.6 Million Comments On Carbon Pollution Plan

Months after the U.S. Environmental Protection Agency released its Clean Power Plan, which will create new regulations for existing power plants, the agency says it has received loads of feedback to consider.


Smart Grid Interest Continues To Spread Among U.S. Rural Utilities

A new survey gauges rural smart grid efforts across the country and offers key findings, one of which is that nearly all utilities polled are doing something to modernize their systems.

S&C Electric_id176
edf_id180