Offshore Wind Update
Beginning July 29, 2013, the Bureau of Ocean Energy Management (BOEM) will be holding an auction to lease a 164,750 acre area known as the Rhode Island & Massachusetts Area of Mutual Interest (AMI).
Sadly, against our cooperative's efforts BOEM elected not to use a Multi-Factor Auction (MFA) format which would give bidders, who have a community benefit portion, a discount in the auction. Instead they will be using an MFA which gives discounts for Joint Development Agreements (JDAs) and Power Purchase Agreements (PPAs).
Vineyard Power, its membership and the community will continue to lobby BOEM and our politicians to ensure that community benefits are incorporated in the lease auction process for the Massachusetts Wind Energy Area.
To get involved or to learn more please email our office at firstname.lastname@example.org or call 508-693-3002.
Welcome to the Vineyard Power Cooperative
Vineyard Power is a 501(c)12, non-profit, energy co-operative based on the island of Martha's Vineyard, Massachusetts.
Our mission, as a 21st century utility company, is to produce electricity from local, renewable resources while advocating for and keeping the benefits within our island community.
Our vision is to be Martha's Vineyard's community-owned utility company.
These goals will be accomplished through several commercial scale solar installations, an offshore wind farm, and the implementation of smart grid technology.
Click HERE to learn more about the history of utility co-operatives.