US offshore wind developers continue to seek annulment as viability sags
Offshore wind development in the waters of Massachusetts is unsound business – or, at least under the contract conditions applicable when developers won auction bids both last year and in 2019, when Commonwealth Wind and Mayflower Wind secured development rights for a rough total of 2.4GW, firstly for a price of USD 77.76 per MWh and most recently for USD 75 per MWh.
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