New Jersey Offshore Wind

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Presentation transcript:

New Jersey Offshore Wind Cynthia Holland

Background Early on, NJ emerged as a leader Offshore Wind… BPU issued a Solicitation to Develop Offshore Wind Renewable Energy Facilities in October 2007. In 2008, under then Governor Corzine, New Jersey's Energy Master Plan aims to install at least 1000 MW of Offshore Wind by 2012; at least 3000 MW by 2020. In 2008, BPU developed a rebate program for the construction of meteorological towers to support the development Offshore Wind In 2010, then Governor Christie signed the Offshore Wind Economic Development Act (“OWEDA”) . . . but since then little progress was made . . .

Executive Order No. 8 January 31, 2018, Governor Murphy orders and directs the BPU, and sister state agencies, to “take all necessary actions to implement OWEDA in order to promote and realize the development of wind energy off the cost of New Jersey to meet a goal of 3,500 megawatts of offshore wind energy generation by the year 2030.”

2018 Accomplishments Establishment of an Interagency Taskforce on Offshore Wind: February 2018. Launch of the Offshore Wind Strategic Plan: Aug. 2018 Released Solicitation for 1100 MW: Sept. 2018 Establishment of a Multi-Year Offshore Wind Solicitation Schedule: September 2018 Adoption of OREC funding rules: December 2018

Continuing Initiatives Stakeholder Engagement on the Offshore Wind Strategic Plan BPU Action on the 1100 MW Solicitation: Summer 2019 Solicitations to Achieve 3500 MW