Citizen Power Alliance
Cape Wind left out of Mass. deals
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The second-largest utility in Massachusetts has agreed to buy electricity from three wind power companies to help it meet renewable power mandates, but it won’t be buying from a high-profile wind farm off the coast of Cape Cod.
Cape Wind, the nation’s first offshore wind farm, is still trying to find a buyer for half its power. It agreed last year to a 15-year deal to sell the first half to National Grid starting at 18.7 cents per kilowatt-hour, and increasing 3.5 percent annually.
If Cape Wind doesn’t sell the rest of its power within the next several months, it may be forced to move ahead with a project smaller than the 130-turbine, 468-megawatt wind farm planned in Nantucket Sound.
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