Offshore Wind Energy Target

Massachusetts enacted legislation in 2022 directing distribution companies to enter into long-term contracts for offshore wind energy generation equal to approximately 5,600 megawatts (MW) of aggregate nameplate capacity by June 30, 2027. The legislation directs them to jointly and competitively solicit proposals for the projects. The exact timetable and methods for the solicitations will be proposed by the Department of Energy Resources in coordination with the distribution companies using a competitive bidding process and will be subject to review and approval by the Department of Public Utilities.