2019-09-15
http://w3.windfair.net/wind-energy/pr/32372-monterey-bay-community-power-mbcp-castle-wind-offshore-west-coast-california-renewable-energy-lease-plan-mou-community-electricity

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Wind Industry Profile of


U.S. Eyes Offshore Wind on the West Coast

Monterey Bay Community Power (MBCP) and Castle Wind have signed a Memorandum of Understanding (MoU) to enter into a future long-term PPA in anticipation of an offshore wind project off the coast of Morro Bay.

Image: Castle WindImage: Castle Wind

According to Castle Wind, the MoU outlines their mutual commitment to bring new renewable energy and load-profile efficiencies to Central California. The proposed project is planned to be grid-connected at the Morro Bay substation in Morro Bay, California, leveraging existing infrastructure for renewable energy deployment. In 2018, Castle Wind executed a community benefits agreement with the City of Morro Bay and a mutual benefits agreement with the local fishermen organizations to ensure the project would address the needs of the local community.

The Castle Wind Offshore project is planned to be located on the Outer Continental Shelf, more than 30 miles from the California coastline in federally managed waters of the Pacific Ocean. The U.S. Bureau of Ocean Energy Management is preparing a lease auction for the project site in 2020. If awarded the lease, Castle Wind anticipates producing 1,000 MW of renewable energy around 2025.

“Castle Wind is pleased to be working with Monterey Bay Community Power on a Power Purchasing Agreement to deliver local clean energy from offshore wind,” said Alla Weinstein, CEO of Castle Wind. “While the project is still several years away, we know that offshore wind is poised to play an integral role in California’s electricity portfolio, which will help the State meet its aggressive climate goals at the least cost. This MOU is a statement of commitment by MBCP to use 100% renewables and their desire to secure a supply of clean energy that closely meets their demand profile.”

 

Source:
Castle Wind
Author:
Windfair Staff
Email:
press@windfair.net
Keywords:
Monterey Bay Community Power, MBCP, Castle Wind, offshore, west coast, California, renewable energy, lease, plan, MoU, community, electricity



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