Amendment ID: S2829-7

Amendment 7

Offshore Wind Contract Length

Mr. Cyr, Ms. Rausch, Ms. Edwards, Mr. Eldridge, Ms. Miranda, Ms. Moran and Messrs. Brady, Collins, Pacheco, Feeney, Moore, Mark, Payano, Keenan, Montigny, Tarr, Gomez and Velis move that the proposed new draft be amended by adding the following section:-

SECTION X. Section 83B of chapter 169 of the acts of 2008, as most recently amended by section 60 of chapter 179 of the acts of 2022, is hereby further amended by striking out the definition of “long-term contract” and inserting in place thereof the following definition:-

“Long-term contract”, a contract for a period of 15 to 30 years for offshore wind energy generation pursuant to section 83C or for clean energy generation pursuant to section 83D; provided, however, that a contract for offshore wind energy generation pursuant to said section 83C may include terms and conditions for renewable energy credits associated with the offshore wind energy generation that exceed the term of generation under the contract.