New Jersey Approves Over 2.6 GW Of Offshore Wind In Largest Combined Award To Date – Energy and Natural Resources


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New Jersey Approves Over 2.6 GW Of Offshore Wind In Largest Combined Award To Date


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On June 30, 2021, the New Jersey Board of Public Utilities
(NJBPU) announced that it approved over 2.6 GW of
offshore wind (OSW) in the state’s second OSW solicitation1 in
Docket No. QO20080555. The announcement stated:

In a unanimous vote, [NJBPU] awarded 1,510 MW of capacity to
Atlantic Shores Offshore Wind and 1,148 MW to Ocean Wind II.

In addition to strong environmental and fisheries protection
plans, each project has committed to investing in New Jersey’s
burgeoning offshore wind industry by building new manufacturing
facilities at the New Jersey Wind Port, utilizing the foundation
manufacturing facility at the Port of Paulsboro, creating tens of
thousands of jobs, and injecting billions of dollars in economic
benefits into the State.

Combined, the two projects are estimated to create 7,000 full
and or part time jobs across the development, construction and
operational phases of the projects. This yields approximately
56,000 Full Time Equivalent job years, as some jobs will be shorter
term and others will last for many years. They will also generate
$3.5 billion in economic benefits and power 1.15 million homes with
clean energy. As required by the solicitation, the project
developers will also contribute $10,000 per MW to fund research
initiatives and wildlife and fishery monitoring in the region
– totaling $26 million that will be administered by NJBPU and
the New Jersey Department of Environmental Protection through a
robust stakeholder process.

Each project includes a commitment to build a nacelle assembly
facility at the New Jersey Wind Port. The nacelle houses the
components that convert the mechanical energy of the rotating
blades into electrical energy, and is the highest value add
offshore wind component. Atlantic Shores plans to partner with MHI
Vestas for this facility while Ocean Wind will collaborate with GE.
Both projects will utilize the foundation manufacturing facility at
the Port of Paulsboro. Additional benefits to the region include a
green hydrogen pilot facility from Atlantic Shores and a truck
electrification pilot project at Port Newark from Ocean Wind.

Footnote

1 Described in our September 11, 2020, Legal Update
New Jersey Announces Second Offshore Wind
Solicitation for up to 2400 MW

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