Eversource eyes potential big payday to back out of Conn. wind farm

Revolution Wind is one of two major wind farms planned off the southern New England coast that would generate electricity for Connecticut. The other project is the Park City Wind farm in the works by Orange-based Avangrid. Park City Wind construction will be staged primarily out of Bridgeport. Connecticut is counting on both projects to meet statutory goals it has set to cut carbon emissions by 2040, amid continuing uncertainty over Dominion’s long-term plans for its two nuclear reactors at Millstone Power Station in Waterford that supply a quarter of New England’s electricity. In February, the federal Bureau of Ocean Management held its first auction of off-shore leases for the New York Bight and Avangrid was among the bidders. Through its Avangrid Renewables subsidiary, the company is one of the largest operators of solar and wind farms in the United States. DEEP’s goal is for battery farms on shore to provide a steady flow of power during periods of lighter wind. Batteries could also be tapped to lessen the sting of any spikes in the cost of electricity produced by power plants fueled by natural gas. Prices have surged this year during the Russia-Ukraine conflict.


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