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Media Report on Economic Details of UMaine Offshore Wind Project

The Associated Press, Sun Journal and Portland Press Herald were among news organizations to report on cost and expected economic impact details of a proposed floating offshore wind project led by the University of Maine and its partner companies. The details filed by the Maine Aqua Ventus project say the planning and construction of the project will create at least 340 jobs and make the state a hub for development. Utility customers would pay 23 cents per kilowatt hour for electricity, which is higher than market rates, but UMaine officials said it’s important to consider the economic and environmental benefits. The Modesto Bee, Miami Herald, WGME (Channel 13), The Sacramento Bee, NECN, WLBZ (Channel 2), Boston.com, and WABI (Channel 5) carried the AP report.

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