Re energy burns wood from east of paper industry in bio fuel mass. It utilizes wood fiber or chips to off set oil need in generation of electricity as a carbon neutral precepts filter burning boiler designed by hosting originally used to burn trash it is now retrofitted to burning wood bark and slash.
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PUC-approved projects
Solar. • BNRG-Dirigo, Church Hill, Augusta, 20 MW. • BNRG Dirigo, Eddington, 20 MW. ...
Wind. • SWEB Development-Silver Maple Wind, Clifton, 20 MW.
Re energy burns wood from east of paper industry in bio fuel mass. It utilizes wood fiber or chips to off set oil need in generation of electricity as a carbon neutral precepts filter burning boiler designed by hosting originally used to burn trash it is now retrofitted to burning wood bark and slash.
Fifteen of the projects selected were large “utility-scale” solar projects, highlighting how cost-competitive solar has become in Maine. The development of large-scale clean energy projects like these, especially solar power, will help grow our economy by creating new jobs, curbing harmful air pollution, and delivering more reliable, affordable electricity to residents, businesses, and towns.
These renewable energy projects will have a positive ripple effect on our economy as well. Capital spending is projected to exceed $145 million; ongoing purchases of Maine-based goods and services are likely to be greater than $3 million annually; and annual tax and host community payments are estimated to be $4.7 million per year for the 20-year term of the contracts.
The procurement for this round of projects was triggered by the expansion of Maine’s Renewable Portfolio Standard in 2019 to require that renewable energy resources must account for 80% of electricity sales in Maine by 2030, and 100% by 2050.
The 17 projects were selected through a competitive process conducted by the PUC and evaluated based on the expected value they will provide to Maine consumers and the state’s economy. The selected winners will enter into 20-year contracts with one or both of Maine’s electricity utilities: Central Maine Power Company (CMP) and Versant Power.
PUC staff will work with the developers of the renewable energy projects to aid in finalizing contracts. The projects will be subject to final approval by the PUC and be reviewed annually to ensure they are achieving the benefits projected by the developers in their bids. In the event a project does not meet its committed benefits, the contract price may be adjusted downward. The projected first-year prices for energy from the new projects are very competitive, ranging between 2.9-4.2 cents per kWh.
This is the first of two rounds of procurement bids that will be managed by the PUC and represents a big step forward for Maine’s transition to powering the state’s businesses and homes entirely by clean energy.
As I told the Portland Press Herald, “Maine’s most secure, stable, and affordable future is one in which residents and businesses get electricity entirely from clean energy sources generated here in Maine, and supported by innovations like batteries, a modern electric grid, and continued investment in energy-efficient homes.”
A near 200 million investment for green energy.
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Fifteen of the projects selected were large “utility-scale” solar projects, highlighting how cost-competitive solar has become in Maine. The development of large-scale clean energy projects like these, especially solar power, will help grow our economy by creating new jobs, curbing harmful air pollution, and delivering more reliable, affordable electricity to residents, businesses, and towns.
These renewable energy projects will have a positive ripple effect on our economy as well. Capital spending is projected to exceed $145 million; ongoing purchases of Maine-based goods and services are likely to be greater than $3 million annually; and annual tax and host community payments are estimated to be $4.7 million per year for the 20-year term of the contracts.
The procurement for this round of projects was triggered by the expansion of Maine’s Renewable Portfolio Standard in 2019 to require that renewable energy resources must account for 80% of electricity sales in Maine by 2030, and 100% by 2050.
The 17 projects were selected through a competitive process conducted by the PUC and evaluated based on the expected value they will provide to Maine consumers and the state’s economy. The selected winners will enter into 20-year contracts with one or both of Maine’s electricity utilities: Central Maine Power Company (CMP) and Versant Power.
PUC staff will work with the developers of the renewable energy projects to aid in finalizing contracts. The projects will be subject to final approval by the PUC and be reviewed annually to ensure they are achieving the benefits projected by the developers in their bids. In the event a project does not meet its committed benefits, the contract price may be adjusted downward. The projected first-year prices for energy from the new projects are very competitive, ranging between 2.9-4.2 cents per kWh.
This is the first of two rounds of procurement bids that will be managed by the PUC and represents a big step forward for Maine’s transition to powering the state’s businesses and homes entirely by clean energy.
As I told the Portland Press Herald, “Maine’s most secure, stable, and affordable future is one in which residents and businesses get electricity entirely from clean energy sources generated here in Maine, and supported by innovations like batteries, a modern electric grid, and continued investment in energy-efficient homes.”
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