RED BANK, NJ – The New Jersey Board of Public Utilities (NJBPU) received bids from three developers to provide 1,100 megawatts (MW) for an offshore wind project. 

The bids were received December 28, in response to a September 2018 Request for Proposal (RFP).

The Applicants

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Orsted North America Inc., Ocean Wind LLC

Equinor Wind US LLC, Boardwalk Wind

Atlantic Shores Offshore Wind, LLC / Atlantic Shores Offshore Wind Project 1, LLC (Atlantic Shores is a joint venture of EDFR Offshore/Shell New Energies)

How We Got Here – Timeline of Events

On January 31, 2018, Governor Murphy signed an Executive Order directing the NJBPU to fully implement the Offshore Wind Economic Development Act (OWEDA).  This began the process of moving the state toward its 2030 goal of 3,500 MW of offshore wind energy generation.

On February 28, 2018, the Board directed their staff to begin the implementation of the Executive Order, which included preparing the RFP for 1,100 MW of offshore wind.  They were also directed to develop rules on how to fund the offshore wind project.

In October of 2018, NJBPU representatives reviewed the solicitation from the State.

A special board meeting of the Board was held on December 20th, 2018, and sent the award recommendation to the New Jersey Department of the Treasury.

What’s Next

With the support of an economic consultant, the Board staff will review and evaluate the applications and make a recommendation to the Board.

The review includes the requirement under the OWEDA that applicants must demonstrate “positive net-economic and environmental benefits for the State.”

The winning bidder and contract will be announced publicly and a decision is anticipated in spring of 2019.

“The Board is extremely excited to receive these solicitations.  New Jersey has regained its place as a leader when it comes to clean, renewable energy and offshore wind power is a major component in taking us there,” said NJBPU President Joseph L. Fiordaliso.  

Future Initiatives 

The Board, using the average residential household power usage, estimates that 1,100 MW of offshore wind will serve between 350,000 and 600,000 households annually.

Governor Murphy has asked the Board to consider two additional solicitations of 1,200 MWs in 2020 and 2022.

Based on a combined estimation of 3,500 megawatts, this will provide power for 1.1 million to 2 million households annually.

The State’s goal is to have New Jersey be a 100-percent clean energy state by 2050.

To learn more about the New Jersey’s offshore wind initiatives, click HERE.

 To learn about the New Jersey Clean Energy Program (NJCEP), click HERE.

 

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