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Msp conference may 2012

  1. 1. May 2012
  2. 2. Block Island Wind Farm: The Nation’s First Offshore Wind Farm •Size – 30 MWs plus 22 mile transmission system for a total $260 million capital cost ($20 million invested to date) •Construction – 2013/2014 -- 200 construction period jobs •Turbines – Latest Siemens 6 MW megawatt offshore turbine •Cable – bidirectional cable connects wind farm and island to mainland grid •Robust wind resource – +9.0 m/s average wind speed at site (30% stronger than typical northeast onshore site) •Power sales – 20 year power purchase agreement for full project output with National Grid approved by regulators •Permitting – Located within state waters in a site designated by the state as a “Renewable Energy Zone” 2
  3. 3. Utility-Scale Wind Farm in RI Sound Will Create Hundreds of Jobs at Quonset: Deepwater Wind Energy Center Quonset Point Port Facility Block Island Wind Farm PROPRIETARY AND CONFIDENTIAL 3
  4. 4. Concept Plan for Quonset as an Offshore Wind Hub Existing piers New pier Area to be dredged Airport Runway
  5. 5. Direct Jobs Created by A Utility- Scale Offshore Wind Project A 1,000 MW energy center creates approximately 1,000 local jobs 5