Tuesday, November 06, 2007

Wind Power News on WDEL this Evening

Allan Loudell of WDEL, 1150 AM, will be bringing us some news on wind power this evening. At the top of the 4 o'clock hour, he will interview Jim Lanard from Bluewater Wind about the company's decision to drop the construction escalator from its term sheet. State Rep. John Kowalko will offer his thoughts at 4:24. I will come on at 5:24.
This is an important development. Last week State Sen. Harris McDowell characterized the PSC staff report, particularly its criticism of the escalator, as a "nail in the coffin." Maybe he'll have to pull that nail back out.
Maria Evans has
Bluewater Wind's filing with the PSC on the WGMD blog. The operative sentence is found on page 6:
Leading the way on these final negotiations, Bluewater proposes to eliminate the escalators from Term Sheet, thereby addressing a primary concnern expressed by the PSC Staff and Independent Consultant ("IC").

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