Wind power in New Jersey

Anbaric Files with BOEM to Develop Independent OceanGrid for Southern New England

Retrieved on: 
Thursday, November 21, 2019

The Southern New England OceanGrid would be developed in phases and anticipates an offshore transmission network connecting up to 16,000 MW of offshore wind to Massachusetts, Rhode Island, and Connecticut.

Key Points: 
  • The Southern New England OceanGrid would be developed in phases and anticipates an offshore transmission network connecting up to 16,000 MW of offshore wind to Massachusetts, Rhode Island, and Connecticut.
  • "Anbaric's Southern New England OceanGrid offers the advantage of reducing the overall footprint and potential environmental and socio-economic impacts of transmission infrastructure.
  • Anbaric currently has an application with BOEM for a New York/New Jersey OceanGrid which remains under review.
  • Anbaric is committed to developing transmission systems for offshore wind in the US with a focus on Southern New England, New Jersey and New York as well as in Canada.

OFFSHORE WIND DEVELOPER MAYFLOWER WIND OFFERS LOW-COST, LOCAL MANUFACTURING OPTIONS TO MASSACHUSETTS

Retrieved on: 
Friday, August 30, 2019

Mayflower Wind Energy LLC (Mayflower Wind), a joint venture of Shell New Energies US LLC (Shell) and EDPR Offshore North America LLC (EDPR), today provided the public version of its bids into the Commonwealth of Massachusetts second round of the Section 83C offshore wind development procurement process.

Key Points: 
  • Mayflower Wind Energy LLC (Mayflower Wind), a joint venture of Shell New Energies US LLC (Shell) and EDPR Offshore North America LLC (EDPR), today provided the public version of its bids into the Commonwealth of Massachusetts second round of the Section 83C offshore wind development procurement process.
  • Mayflower Wind submitted three 800 megawatt (MW) proposals as well as a 400 MW proposal to the Massachusetts electric utilities.
  • We are very excited to submit these proposals to provide the utilities implementing the Commonwealths offshore wind policy with a range of options, said John Hartnett, President of Mayflower Wind.
  • Finally, our Massachusetts Manufacturing proposal would further accelerate the process of Massachusetts assuming a leadership role in offshore wind by including a major new manufacturing facility that would serve both domestic and foreign offshore wind markets.

New Jersey Selects Ocean Wind for State’s First Offshore Wind Project

Retrieved on: 
Friday, June 21, 2019

Today the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind, an offshore wind energy project proposed by rsted with support from PSEG, to develop an 1,100 MW offshore wind farm, that will power more than half a million New Jersey homes.

Key Points: 
  • Today the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind, an offshore wind energy project proposed by rsted with support from PSEG, to develop an 1,100 MW offshore wind farm, that will power more than half a million New Jersey homes.
  • PSEG, which serves 2.2 million electric customers in New Jersey and has a long development partnership with rsted, has an option to become an equity investor in the Ocean Wind project.
  • Ocean Wind will contribute significantly to Governor Murphys ambitious renewable energy goal of supplying more than 1.5 million New Jersey homes with offshore wind power by 2030.
  • In addition to powering homes and businesses across New Jersey, Ocean Wind will also bring significant investments to New Jersey.

US Wind Inc. Agrees to Sell its New Jersey Offshore Lease to EDF Renewables North America

Retrieved on: 
Thursday, December 20, 2018

EDF Renewables currently holds the lease for the North Lease Area of the New Jersey Wind Energy Area (WEA), which is comprised of 183,353 acres.

Key Points: 
  • EDF Renewables currently holds the lease for the North Lease Area of the New Jersey Wind Energy Area (WEA), which is comprised of 183,353 acres.
  • US Wind's New Jersey lease, secured in 2015, encompasses approximately 750 square kilometers within the New Jersey Wind Energy Area.
  • "US Wind is a recognized leader in the fast-developing offshore wind energy sector in the United States and we remain fully committed to realizing the many significant benefits of our Maryland offshore wind energy project - eventually the largest commercial offshore wind project in the country," said US Wind President Riccardo Toto.
  • The Maryland Offshore Wind Energy Act was signed into law in 2013, paving the way for the public bidding process that led to US Wind initiating this new offshore wind energy sector in the state.

Global Offshore Wind Energy Market Anticipated to Reach $50.45 Billion by 2023, Reports BIS Research

Retrieved on: 
Monday, July 9, 2018

According to a new market intelligence report by BIS Research , titled ' Global Offshore Wind Energy Market - Analysis and Forecast (2018-2023) ', the global offshore wind energy market is expected to reach $50.45 billion by 2023, rising at a CAGR of 15.5% from 2018 to 2023.

Key Points: 
  • According to a new market intelligence report by BIS Research , titled ' Global Offshore Wind Energy Market - Analysis and Forecast (2018-2023) ', the global offshore wind energy market is expected to reach $50.45 billion by 2023, rising at a CAGR of 15.5% from 2018 to 2023.
  • Increasing utilization of renewable energy for power generation mix continues to have a positive impact on the global offshore wind energy market.
  • Offshore wind energy forms an integral part of these clean energy resources and has a higher capacity factor as compared to the onshore wind energy.
  • According to Sonal Rawat, Analyst at BIS Research, in 2018, "the turbine module segment is expected to dominate the offshore wind energy market (by components).