Advisory Opinion on the Economic Development Benefits of the Proposed Block Island Wind Farm

Source/Sponsor: 
Rhode Island Economic Development Council (RIEDC)
Creator/Author: 
Levitan & Associates, Inc.
Description: 

The report evaluates the direct and indirect economic benefits of the Deepwater Wind Block Island project over the 20-year term of the amended power purchase agreement (PPA). It estimates the overall state economic benefits to be $107 million in constant 2010 dollar terms and $92 million in net present value (NPV) terms as of January 1, 2013 using a 7.2% discount rate.

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Publication Date: 
Tuesday, July 20, 2010
296 KB
Resource Type: 
Document
State: