Maine Wind & Ocean News Wrap Up for June 2015

 

 

Long-term wind deal closer with preliminary nod from Maine regulators
Maine utilities regulators want more out of a long-term agreement to buy power from a wind project in Somerset County, but are nearing a deal in the case that sparked controversy from wind industry advocates. The decision comes after renewed review of an extended 25-year contract term with NextEra for its 44-megawatt Highland Wind project in Somerset County. The initial terms called for NextEra to charge 4.7 cents per kilowatt-hour over 20 years.
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Franklin commissioners award $55,000 in grants to promote county
Franklin County commissioners agreed Tuesday to fund two grant requests for $55,000 through the county's tax-increment financing grant program to promote and support marketing of northern Franklin County.
It was estimated in 2008 that the county would retain $4 million over 20 years when it entered a credit-enhancement agreement with TransCanada Maine Wind Development Inc., a wholly owned affiliate of TransCanada Corp. The TIF is related to the 44-turbine Kibby Wind Power Project in Kibby and Skinner townships in northern Franklin County.
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New ORPC subsidiary to pursue ocean energy in Ireland
Ocean Renewable Power Co. is opening an office in Ireland's County Donegal to capitalize on that coastal region's interest in the Portland-based company's renewable marine energy technology and expertise. The subsidiary, ORPC Ireland LLC, will be located at the Co-Lab Business Center at Letterkenny Institute of Technology in County Donegal, located on Ireland's northwest coast and having more mainland coastline than any other county in the country.
 
Ocean Renewable Energy Conference X
The 10th annual Ocean Renewable Energy Conference provides attendees a forum to share new ideas and concepts, opportunity to learn from leading-edge practitioners and policy-makers, information about new research, results, and thinking, and the chance to network with industry leaders and experts from utilities, supply chain, investor, government, and academia. No conference does a better job of bridging national policies and regional implementation, with a real-world focus on accelerating project development.