Saving Seafood

NEW JERSEY: Cape May County Looks to “Co-Exist” With Wind Farm

February 26, 2020 — With the prospect of 90 turbines sitting a mile apart 15 miles off the coast of Atlantic City in a wind farm project slated for 2024, a public forum Tuesday laid out some concerns about the possible impacts on tourism, the environment and the fishing industry.

The program, hosted by the Cape May County Chamber of Commerce, was held at the Flanders Hotel in Ocean City.

Speakers, including Joseph Fiordaliso, president of the New Jersey Board of Public Utilities, Cape May County Chamber officials, County Tourism Director Diane Wieland and fishing industry experts, heard from Orsted, the company building the wind farm.

Among the dignitaries in attendance at the standing-room-only event was former Gov. Jim Florio, who did not speak about the project.

The project is touted by Orsted, which has built 26 other wind farms, as one that would supply clean renewable energy, power more than half a million New Jersey homes and create thousands of jobs.

Read the full story at the O.C. N.J. Daily

Ørsted wins 1,100 MW offshore wind contract, biggest in U.S.

June 24, 2019 — Offshore wind energy developer  Ørsted was awarded a 1,100-megawatt commitment by New Jersey Friday for its Ocean Wind project off Atlantic City, the single largest award to date for the budding U.S. industry.

“After so many years New Jersey is finally open for business as far as offshore wind is concerned,” said Joseph Fiordaliso, president of the state Board of Public Utilities, after a unanimous vote to choose Ørsted to build the project on its federal continental shelf lease.

Ørsted contractors have been surveying the tract. It will be the first in what state energy planners hope will be three awards for offshore power, with a total capacity of 3,500 MW.

“We’re looking for competition. The competition only helps the ratepayer,” said Fiordaliso.

The Ocean Wind project would deliver a first-year price for Offshore Wind Renewable Energy Certificates (ORECs) of $98.10 per megawatt-hour. BPU officials estimate the levelized net OREC, representing actual costs paid by ratepayers after energy and capacity revenues are refunded to ratepayers, at $46.46/MWh.

That will increase average ratepayer monthly bills by $1.46 for residential, $13.05 for commercial, and $110.10 for industrial customers, according to the BPU.

Read the full story at National Fisherman