The Delaware Municipal Energy Corp. Inc. (DEMEC), a Smyrna, Del.-based power supplier to municipally owned distribution utilities throughout the state, has agreed to purchase renewable energy credits for 20 years from Newark, Del.-headquartered Bluewater Wind's proposed offshore wind farm.
According to the companies, the agreement is the first in the country to provide for the purchase and delivery of energy from an offshore wind farm.
DEMEC's agreement is contingent on Bluewater Wind reaching an agreement with Delmarva Power and Light for a long-term power purchase under an ongoing competition in Delaware to bring stable-priced, environmentally sustainable, in-state power to Delaware.
The Delaware Public Service Commission (DPSC) and members of Gov. Ruth Ann Minner's, D-Del., administration are scheduled to select among wind, gas and coal to negotiate with Delmarva on May 8, the company adds. The DPSC released a report May 2 recommending Bluewater reduce the size of its proposed 600 MW offshore wind farm to 200 MW to 300 MW.