LS Power’s Kibby Wind Power project in Maine Electric transmission developer LS Power Grid is urging New Jersey to include comprehensive cost containment measures in all of its plans for the development of offshore wind energy systems. “We applaud the … Read More
New Jersey Board of Public Utilities
LS Power Grid Focuses on Connecting New Jersey to Offshore Wind Energy
LS Power Grid, an electric transmission company, has presented its plans to bring power generated from New Jersey offshore wind farms into the state’s onshore electrical grid. Responding to the state’s request for proposals on this initiative, the company’s plans … Read More
With New Offshore Wind Development, New Jersey Funds Environmental Studies
New York Bight lease areas The New Jersey Department of Environmental Protection (DEP) and New Jersey Board of Public Utilities (BPU) are awarding funding for studies to provide enhanced scientific information on the impacts of offshore wind energy development off … Read More
New Jersey Postpones Third Offshore Wind Solicitation
Joseph L. Fiordaliso (Image: Edwin J. Torres/ Governor’s Office) The New Jersey Board of Public Utilities (NJBPU) has updated the timeline for issuing the third solicitation for New Jersey’s offshore wind development. The board will release the third solicitation by … Read More
NJBPU, Offshore Wind Research Consortium Foster Alliance for Wind Research
The New Jersey Board of Public Utilities (NJBPU) has joined the National Offshore Wind Research and Development Consortium (NOWRDC), a public-private partnership focused on advancing offshore wind technology in the U.S. through research projects and responsible development, while maximizing other … Read More
NJIT, Ørsted MOU Provides Students Paths for Careers in Offshore Wind
The New Jersey Institute of Technology (NJIT) and Ørsted, a company that specializes in offshore wind development, have signed a memorandum of understanding (MOU) that lays the foundation for a partnership that will provide new needs-based support for undergraduate scholarships … Read More
NJBPU Approves PJM’s Solicitation Window for Offshore Transmission Projects
The New Jersey Board of Public Utilities (NJBPU) says it is moving forward with a novel approach to transmission planning as it endeavors to reach Gov. Phil Murphy’s goal of 7,500 MW of offshore wind energy by 2035. PJM Interconnection … Read More
PSEG Acquires Twenty-Five Percent Stake in Ocean Wind
PSEG, a publicly traded diversified energy company, and Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, have completed PSEG’s acquisition of a 25% equity interest in Ocean Wind. PSEG’s investment in Ocean Wind received approval … Read More
Orsted Trust Fund Supports Burgeoning New Jersey Offshore Wind Industry
The trustees of Ørsted’s Pro-NJ Grantor Trust Fund have unveiled details of the fund and the process to apply. The $15 million private fund was established by Ørsted following the selection of its Ocean Wind offshore wind farm project by … Read More