Update on the Energy Marketplace

Power plants and other energy sources represent an important pipeline of work in the construction industry.  Therefore, we closely monitor the energy landscape not just locally, but regionally, nationally and internationally.

Rhode Island has served as a good barometer of the kinds of debates and decisions typical in our local market. From natural gas pipelines and power plants, to installing renewable sources like solar and wind power, Rhode Island has been out front lately on energy issues.  Just recently, Gov. Raimondo raised their renewable portfolio standard (RPS – the distribution of energy production by type) to 40% through 2039.

One example is the Block Island Wind Farm project, the first US offshore wind energy project.  Recently, the final transmission cables were laid from Block Island to the mainland. This is a first that not only provides the first connection with the conventional grid, but also will allow the wind farm to transmit energy back to shore.

National Grid’s sea2shore cable lands on Block Island

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