Revolution Wind's PPA filed with Rhode Island regulators

National Grid filed for regulatory approval of a 20-year contract for energy from a new, 400 MW offshore wind farm – Revolution Wind. The project, originally developed by Providence-based Deepwater Wind, has since been acquired by Orsted, one of the world’s leading developers of offshore wind farms. National Grid selected Revolution Wind in coordination with the Rhode Island Office of Energy Resources and the Division of Public Utilities and Carriers.

The project is more than 13 times the size of the Block Island Wind Farm and was selected through a competitive offshore wind energy procurement process in collaboration with Massachusetts. The procurement was part of Massachusetts’s 2017 offshore wind request for proposals, which will result in a total production of 1,200 megawatts of carbon-free energy (800 megawatts of which will be delivered to Massachusetts and 400 megawatts to Rhode Island).

Revolution Wind will bring renewable, low-cost energy to National Grid’s Rhode Island customers and contribute to the state and Company’s shared goal of reducing greenhouse gas emissions by 80% below 1990 levels by 2050. The contract price for energy and environmental attributes is a fixed, nominal price of 9.8 cents per kilowatt hour (7.4 cents per kilowatt hour in 2017 dollars) over the entire term of the Purchase Power Agreement, setting a nationwide standard for developing offshore wind projects at reasonable costs for customers.