California Community Choice Aggregator Sees Promise in Floating Offshore Wind

By [email protected] California community choice aggregator (CCA) Monterey Bay Community Power has signed a memorandum of understanding to explore buying the power from a 1,000-megawatt floating offshore wind farm.

It’s an early, if no-stakes, claim to what could be a massive offshore wind opportunity set to open via federal offshore lease auction next year, assuming floating wind turbine technology can meet the tests of wind, wave and California’s energy markets.

This week’s MOU, which is not a binding contract, calls for a long-term power purchase agreement between Monterey Bay Community Power and Castle Wind LLC, a joint venture of EnBW North America

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