RPS, RECs, & PPAs

U.S. Offshore Wind Finance and Insurance Forum

Source/Sponsor: 
The Business Network for Offshore Wind
Creator/Author: 
The Business Network for Offshore Wind, Société Générale
pdf
Publication Date: 
Wednesday, February 27, 2019
491 KB
Resource Type: 
Document
Multi-State:

The Vineyard Wind Power Purchase Agreement: Insights for Estimating Costs of U.S. Offshore Wind Projects

Source/Sponsor: 
National Renewable Energy Laboratory (NREL)
Creator/Author: 
Philipp Beiter, Paul Spitsen, Walter Musial, and Eric Lantz
pdf
Publication Date: 
Tuesday, February 26, 2019
939 KB
Resource Type: 
Document
Multi-State:

Tilting At Windmills: The Emerging U.S. Offshore Wind Energy Industry

Source/Sponsor: 
Kleinman Center for Energy Policy: University of Pennsylvania
Creator/Author: 
Brandon W. Burke, esq.
pdf
Publication Date: 
Monday, October 2, 2017
2 MB
Resource Type: 
Document
Multi-State:

Massachusetts Issues RFP for Long-Term Contracts for Offshore Wind Energy Projects

Source/Sponsor: 
Massachusetts DOER, Unitil, National Grid, Eversource Energy
Creator/Author: 
Massachusetts DOER, Unitil, National Grid, Eversource Energy
Description: 

Massachusetts' state investor-owned electric distribution companies in coordination with the Massachusetts Department of Energy Resources have issued an RFP for 400 MW of offshore wind generation (including RECs) and the associated transmission. The contracts are for a 15 - 20 year period. The projects must enter commercial operations before January 1, 2027.

pdf
Publication Date: 
Thursday, June 29, 2017
402 KB
Resource Type: 
Document

Recommended Criteria and Process for the Evaluation and Selection of Offshore Wind Applications

Source/Sponsor: 
Maryland Public Service Commission Staff
Creator/Author: 
Levitan & Associates, Inc.
Description: 
Under Maryland’s Offshore Wind Energy Act of 2013, § 7-704.2(f) of the PUA requires the Commission to issue a comprehensive set of Regulations implementing the Act by July 1, 2014. The Commission's commercial and technical advisors have prepared this report to make certain that the Commission's offshore wind procurement, evaluation, and selection process (i) is as fair, transparent, and workable as possible, (ii) leads to robust and competitive bids, and (iii) preserves the ratepayer protections defined in the Act.
 
pdf
Publication Date: 
Friday, April 4, 2014
7 MB
Resource Type: 
Document
State: 

Maryland Offshore Wind Energy Act of 2013

Source/Sponsor: 
State of Maryland
Creator/Author: 
State of Maryland
Description: 

The Maryland Offshore Wind Energy Act of 2013 requires a maximum of 2.5% of retail electricity to be generated from offshore wind starting in 2017. The wind carve-out is part of the Tier 1 requirement. The Act promotes Maryland's economy by requiring offshore projects to favor in-state manufacturing in order to be considered by the Maryland Public Service Commission.

pdf
Publication Date: 
Tuesday, April 9, 2013
461 KB
Resource Type: 
Document
State: 

Fishermen's Energy Fails to Meet DoE Funding Deadline

Source/Sponsor: 
Windpower Monthly
Creator/Author: 
David Weston
Description: 
Fishermen's Energy failed to reach a funding milestone of finalising a power purchase agreement by the end of 2016, in accordance with the 2014 grant from the DOE. As a result, the project will miss out a majority of the $47 million in funding, awarded to them. Approximately $10.6 million of the funding had already been spent in earlier funding rounds. The project was due to install six 4 MW turbines off the New Jersey coast.
 
pdf
Publication Date: 
Thursday, January 5, 2017
83 KB
Resource Type: 
Document
State: 

Rhode Island H.B.7413

Source/Sponsor: 
Rhode Island General Assembly
Creator/Author: 
Reps. Ruggiero, Jacquard, Craven, Carson, and O'Grady
Description: 

H.B. 7413 enacted on June 2016 extends the state Renewable Energy Standard (RES) to 2035, which was previously set to expire at the end of 2019. The RES is set to increase by 1.5% annually, thereby requiring 38.5% of the total retail electricity be obtained from eligible renewable resources by 2035.

Tags: 
pdf
Publication Date: 
Friday, January 29, 2016
28 KB
Resource Type: 
Document
State: 

Federal Incentives/Policies for Renewables & Efficiency

Source/Sponsor: 
Database of State Incentives for Renewables & Efficiency (DSIRE)
Creator/Author: 
Database of State Incentives for Renewables & Efficiency (DSIRE)
Description: 

The database provides summaries of federal financial incentives and rules, regulations, and policies that promote renewable energy and energy efficiency, including: business energy investment tax credit (ITC); renewable electricity production tax credit (PTC); and, section 1603 Department of Treasury renewable energy grant program.

Link to DSIRE website:  Federal page

Resource Type: 
Website

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