Is R.I. Energy’s offshore wind decision a bad sign for the future?

ECONOMIC HEADWINDS have created hurdles in the offshore wind industry and were cited in Rhode Island Energy's rejection of a power-purchase agreement for the proposed 884-megawatt Revolution Wind 2 wind farm. COURTESY UNIVERSITY OF RHODE ISLAND
ECONOMIC HEADWINDS have created hurdles in the offshore wind industry and were cited in Rhode Island Energy's rejection of a power-purchase agreement for the proposed 884-megawatt Revolution Wind 2 wind farm. COURTESY UNIVERSITY OF RHODE ISLAND
Now that Rhode Island Energy has rejected the only bid received to bring 600 to 1,000 megawatts of offshore wind to the Ocean State, some are pointing to the decision as a warning sign of troubles ahead as the state tries to reach 100% renewable energy use by 2033. The state's dominant utility opted not…

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