- Massachusetts intends to finance up to 40% of a wind power project in far northern Maine.
- The partnership comes as States in the Northeast are struggling with surging energy costs.
Massachusetts intends to finance up to 40% of a wind power project in far northern Maine, potentially giving the state the partner it needs to make the project a reality.
The partnership comes as States in the Northeast are struggling with surging energy costs. The region is heavily dependent on natural gas and feels a crunch from tightening global energy supplies.
The Massachusetts Department of Energy Resources determined in a public finding that the 1,000-megawatt project would bring clean energy to the state while reducing ratepayer costs in the winter. The decision came in late December, months after Republican Gov. Charlie Baker signed an act authorizing Massachusetts to coordinate with other New England states to develop long-term clean energy projects.
The Maine Public Utilities Commission is expected to take up the subject soon.