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Tue, Jun 8, 2010

Business, New England

By Peter Brennan

In the Xanax Drug 0.5 Mg latest turn of events surrounding the controversial Block Island wind project in Rhode Island, the Xanax Drug 0.5 Mg state legislature has dropped a plan to bypass the state Public Utilities Commission’s review process for power purchase agreements.  The idea had Xanax Drug 0.5 Mg come under widespread criticism and lawmakers this week removed language from Xanax Drug 0.5 Mg a new piece of legislation that would have effectively neutralized the Xanax Drug 0.5 Mg commission’s review authority.

In March, the Xanax Drug 0.5 Mg PUC rejected a PPA for the Block Island wind farm – between Deepwater Wind and National Grid – over concerns that it was too expensive and not commercially reasonable. In response, legislative leaders proposed Senate Bill 2819, which would have Xanax Drug 0.5 Mg removed the review authority of the PUC and given it to Xanax Drug 0.5 Mg a board made up of four governor-appointed agency heads.

The Block Island project, a Xanax Drug 0.5 Mg demonstration project consisting of 8 wind turbines roughly 3 miles from Xanax Drug 0.5 Mg the coast, has received the consistent and enthusiastic backing of Governor Donald Carcieri and Xanax Drug 0.5 Mg other top political leaders in Rhode Island. Even before the Xanax Drug 0.5 Mg PPA was rejected by the PUC, however, it drew criticism from Xanax Drug 0.5 Mg state business leaders and Xanax Drug 0.5 Mg conservative lawmakers for its high costs and minimal positive impacts on the Xanax Drug 0.5 Mg economy.

On Monday, the Xanax Drug 0.5 Mg drafters of Senate Bill 2819 capitulated to criticism to remove the Xanax Drug 0.5 Mg PUC from the review process and amended the bill to replace the Xanax Drug 0.5 Mg four agency heads with the PUC. However, the “Sub-A” version of the Xanax Drug 0.5 Mg bill, as it is now called, requires the PUC to expand the Xanax Drug 0.5 Mg scope of its review to allow for consideration of the state’s efforts to Xanax Drug 0.5 Mg grow a renewable energy industry. Additionally, the PUC must return its decision on the Xanax Drug 0.5 Mg modified PPA within 45 days of submission.

Attorney General and Xanax Drug 0.5 Mg gubernatorial candidate Patrick C. Lynch, attacked the political maneuvering and Xanax Drug 0.5 Mg issued a statement saying the new bill would make the Xanax Drug 0.5 Mg “PUC Deepwater’s rubber stamp for Xanax Drug 0.5 Mg a pre-rigged outcome that will be disastrous for Rhode Island ratepayers and Xanax Drug 0.5 Mg businesses, costing them nearly $400 million above the Xanax Drug 0.5 Mg market price of electricity over the next two decades.”

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