SP0284
LD 994
Session - 129th Maine Legislature
C "B", Filing Number S-246, Sponsored by
LR 1577
Item 3
Bill Tracking, Additional Documents Chamber Status

Amend the resolve by striking out everything after the title and inserting the following:

Sec. 1. Public Utilities Commission to approve long-term contract between Maine Aqua Ventus and Central Maine Power Company. Resolved: That, within 30 days of the effective date of this resolve, the Public Utilities Commission shall approve a long-term contract for capacity and associated energy between Maine Aqua Ventus I, GP, LLC and Central Maine Power Company. The approved contract must be the same as the long-term contract between Maine Aqua Ventus and Central Maine Power Company filed with the commission in December 2017, except for revisions necessary to ensure the contract price is equal to the ISO-New England wholesale energy market price.’

SUMMARY

This amendment removes the emergency preamble and emergency clause. The amendment requires that the contract between Maine Aqua Ventus and Central Maine Power Company to be approved by the Public Utilities Commission under the resolve be revised to set the price in the contract equal to the ISO-New England wholesale energy market price.

FISCAL NOTE REQUIRED
(See attached)


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