National Grid Inks 20-Year Pact Buying Offshore Wind Generation

摘要

After agreeing last week to purchase the power generated from the proposed Cape Wind offshore wind farm, National Grid has signed another power-purchase agreement for power generated by the proposed Block Island Wind Farm in Rhode Island.Under the 20-year, power-purchase agreement, National Grid will purchase the energy produced by Deepwater Wind's offshore wind farm, projected to be operational in 2013, at a cost of 24.4φ per kilowatt hour in the first year of operation, which will escalate at 3.5% per year.