Conservation Law Foundation Applauds DPU Conclusion That Cape Wind is in the Public Interest

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CONTACT:
Sue Reid, CLF, (617) 850-1740 or sreid@clf.org
Karen Wood, CLF, (617) 850-1722 or kwood@clf.org

BOSTON, MA November 22, 2010 – The Conservation Law Foundation (CLF) hailed today’s decision by the Massachusetts Department of Public Utilities (DPU) approving a fifteen-year contract for the sale of Cape Wind’s power and renewable energy credits to electric utility National Grid, a crucial step toward advancing the country’s first utility-scale offshore wind farm. The decision, based on extensive expert testimony and other evidence brought forward by supporters and opponents of the Cape Wind offshore wind energy project, reached the important conclusions that Cape Wind’s long-term power purchase agreement is “cost-effective” and “in the public interest,” and will deliver substantial benefits for ratepayers and the Commonwealth.

John Kassel, president of CLF, said, “The DPU’s decision to approve the Cape Wind power purchase agreement brings Massachusetts one step closer to realizing the economic and environmental promise of offshore wind energy. The decision is particularly significant in that it spells out for Massachusetts residents and businesses that power from Cape Wind will be less expensive than opponents have suggested, especially when one takes into account Cape Wind’s value in reducing the volatility of the price they pay for electricity. Recognizing the major reductions in greenhouse gas emissions that will come with Cape Wind’s clean power, the DPU clearly has determined that Cape Wind is a good deal for Massachusetts ratepayers.”

The Conservation Law Foundation (www.clf.org) works to solve the most significant environmental challenges facing New England. CLF’s advocates use law, economics and science to create innovative strategies to conserve natural resources, protect public health and promote vital communities in our region. Founded in 1966, CLF is a nonprofit, member-supported organization with offices in Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.

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