Offshore wind project hits rough water in New England

But it’s a fragile compromise. In many ways, the disagreement over Vineyard Wind’s waiver is best understood as a fight over money, said Ari Peskoe, who leads Harvard Law School’s Electricity Law Initiative. He pointed to a New England Power Generators Association filing with FERC this week, in which the power plant owners argued that Vineyard Wind’s participation in the auction would prompt total market revenues to fall by $270 million. For the wind developer, on the other hand, the capacity auction represents an additional revenue stream outside its state contract.

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