Yesterday the Rhode Island Public Utilities Commission (“PUC”) voted unanimously to reject a Power Purchase Agreement (“PPA”) between National Grid and Deepwater Wind for the sale of electricity from Deepwater’s proposed 28.8 MW offshore wind project near Block Island. The PUC found the PPA’s proposed sale of wind power at a price of 24.4¢/kWh (approximately twice the price National Grid currently pays for electricity from other sources) was not “commercially reasonable.” This decision came despite strong bipartisan support for the project from Democratic RI legislators and Republican Governor Donald Carcieri. The Providence Journal reports that Governor Carcieri was shocked, calling it "an extraordinarily short-sighted and narrow-minded decision." Following yesterday’s decision by the PUC, Deepwater’s CEO stated that Deepwater “is now forced to reevaluate our plans for Rhode Island.” The Block Island offshore wind project was one of two proposed offshore wind projects Deepwater had planned for Rhode Island.