The state’s top energy and environmental official is among those who can’t see how the long-planned Cape Wind energy project can get built. “It has a difficult road ahead of it,” Energy and Environmental Affairs Secretary Matthew Beaton told Boston Herald Radio Tuesday morning, citing financing, insurance and litigation obstacles. “I don’t really see the pathway of how it happens.” Eversource Energy and National Grid last year terminated power purchase agreements with developers behind the wind turbines planned for Nantucket Sound, a move that Beaton called “really significant.” Asked about the future of offshore wind energy in Massachusetts, Beaton said the Baker administration wants domestic production of renewable energy “of course, but at what cost.” He said there’s a limit to subsidies. “It has to have a future in the competitive electricity market,” Beaton said.
Reprinted via State House News Service – the news service is not affiliated with the Alliance