The bill amends Section 39-31-10 of the Affordable Clean Energy Security Act to enhance the procurement process for offshore wind energy projects in Rhode Island. It mandates that the electric distribution company, in collaboration with the Rhode Island office of energy resources, establish a staggered procurement schedule for competitive solicitations aimed at developing approximately 1,200 megawatts of offshore wind capacity by March 30, 2029. Each solicitation must seek proposals for no less than 400 megawatts of aggregate nameplate capacity.

The bill prioritizes offshore wind projects that provide employment and contracting opportunities for workers from disadvantaged communities, as defined by various federal and state criteria. It also emphasizes the importance of community benefits, financial contributions for environmental research and mitigation, and economic benefits to the state, including the use of local offshore wind ports and maximizing hiring of state residents.

Additionally, the bill outlines a process for reviewing proposals, which includes criteria for evaluating bids based on environmental impacts, economic benefits, and plans for diversity and inclusion. It specifies that proposals must be submitted within sixteen months after the issuance of the solicitation, with a requirement for commission agreement on contracts prior to that deadline. This act will take effect upon passage.

Statutes affected:
769: 39-31-10