Ocean Wind 1
Innovation and in-state project development will be key to New Jersey’s offshore wind future as the state advances its initiative to create an offshore power center that can connect to homes and businesses onshore, according to speakers at the Wind Institute Research Symposium.
Initiatives to protect marine life, specifically whales in one case, will shape development of New Jersey offshore wind projects as developers face rising public concern.
New Jersey has to do a much better job in reaching out to communities to demonstrate the economic and environmental benefits of offshore wind projects, researcher says.
Offshore wind power industry leader Ørsted gives an update and outlook for the sector.
PSEG has marked a number of “wins” that align with New Jersey’s energy policies, CEO Ralph LaRossa said during the company’s second-quarter earnings call.
New Jersey has no offshore wind turbines in operation yet, but the industry is already creating jobs — for lawyers.
New Jersey Gov. Phil Murphy hailed offshore wind as a once-in-a-generation opportunity to bring billion-dollar investments and millions of union jobs to the state.
The construction and operations plan for the 1.1-GW Ocean Wind 1 Project, New Jersey's first OSW project, was approved by the Bureau of Ocean Energy Management.
The New Jersey Legislature appears to be backing bills that would allow offshore wind developer Ørsted to directly received federal tax credits for its Ocean Wind 1 project.
Public financial support for New Jersey’s offshore wind projects has come under scrutiny as Ørsted seeks to obtain access to federal tax credits.
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