Posted by: Windfair Editors
Ørsted Chosen to Build New Jersey’s First Offshore Wind Farm
Official Press Release Ørsted:
Ørsted selected as preferred bidder for New Jersey’s first offshore wind farm
The New Jersey Board of Public Utilities (NJBPU) has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from Public Service Enterprise Group (PSEG), to negotiate a 20-year offshore wind renewable energy credit (OREC) for an offshore wind farm with a capacity of 1,100MW.
Located off the coast of Atlantic City, Ocean Wind will be New Jersey’s first large-scale offshore wind farm. Subject to Ørsted’s final investment decision, the wind farm is expected to be completed by 2024. Ørsted will work with Public Service Enterprise Group’s (PSEG) non-utility affiliates, which will provide energy management services and potential lease of land for use in the project development and execution phase. PSEG,... ... More: Official Press Release Ørsted
- Keywords:
- Ørsted, bidder, New Jersey, USA, offshore, auction, tender, wind farm, capacity, wind energy
