Baker administration changes the rules on offshore wind and clean energy

Cape Cod Times

Committee co-chair Sen. Michael Barrett was critical of removing the price cap. Barrett felt that with only two bidders in the last round in which both received contracts, and just a handful of developers on the East Coast, there was too little competition to ensure a lower price without a cap.

“We are stuck in a situation where we’re going to have to deal with a very small universe of potential players,” said Barrett, who noted that with no price limit on their bids, New York, Connecticut and New Jersey energy contracts were 43%, 68%, and 100% higher, respectively, than what Massachusetts obtained with an upper limit on pricing.

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