Governor Phil Murphy today announced plans to develop the New Jersey Wind Port, a first-in-the-nation infrastructure investment that will provide a location for essential staging, assembly, and manufacturing activities related to offshore wind projects on the East Coast. The Wind Port has the potential to create up to 1,500 manufacturing, assembly, and operations jobs, as […]
OffShore Wind
Governor Murphy Moves to More Than Double Planned Offshore Wind Facilities
On Tuesday, NJBIA attended a press event in which Gov. Phil Murphy increased New Jersey’s offshore wind goal to 7,500 MW. Former Vice-President Al Gore was in attendance and was very supportive of the Governor’s wind energy and climate initiatives. The Governor said the 7,500 MW of wind turbines will be constructed by 2035. The […]
NJBPU Approves State’s First Offshore Wind Farm
Ocean Wind, a partnership of Orsted and PSEG, selected as sole developer of 1,100 MW wind farm. The New Jersey Board of Public Utilities formally voted to award Ocean Wind as the sole developer of New Jersey’s first offshore wind farm, that will power nearly half a million New Jersey homes. The action today marks […]
NJBIA Raises Concerns About Ratepayer Impact of Offshore Wind Energy Plan
Noting New Jersey now has the highest electric rates in the PJM power grid, NJBIA Chief Government Affairs Officer Chrissy Buteas raised concerns at a public hearing today about the impact the state’s offshore wind energy plan will have on ratepayers. “It will likely be these ratepayers who are asked to subsidize a long-term effort […]
NJ Lawmaker Proposes Water Tax
BPU Joins National Offshore Wind Research and Development Consortium On June 21, the state of New Jersey announced its intention to join the National Offshore Wind Research and Development Consortium as a board member and public sponsor. The $18.5 million consortium is administered by the New York State Energy Research and Development Authority. BPU Begins […]