February 1, 2018 — ATLANTIC CITY, N.J. — Governor Phil Murphy signed an executive order Wednesday to return the state to national leadership in offshore wind energy.
New Jersey will finally implement the Offshore Wind Economic Development Act of 2010, which languished under Gov. Chris Christie, Murphy said at a press conference at the Atlantic County Utilities Authority’s wind farm and wastewater treatment plant.
The law creates ratepayer-financing of wind field development through an Offshore Wind Renewable Energy Credit program. But Christie’s administration never finalized regulations to implement it, and developers have not received the approvals from the Board of Public Utilities to move forward, Murphy said.
The order commits the state to quickly generate 1,100 megawatts annually of offshore wind energy, and 3,500 megawatts of generation by the year 2030 — enough to power 1.5 million homes, according to Murphy.
“Thirty-five hundred megawatts would make us, I think, the number one aspirational wind field in the world,” Murphy said. Scale, reliability and predictability will make it possible to attract manufacturing, the governor said.
Environment New Jersey Director Doug O’Malley said New York and Massachusetts have goals of 2,400 and 1,600 megawatts, respectively.
State Senate President Steve Sweeney, a co-sponsor of OWEDA, said the plan is not just to place windmills in the ocean, but to jump-start a wind-energy manufacturing industry.
Murphy’s executive order directs the BPU to begin the rulemaking process and to work with the Department of Environmental Protection to establish an Offshore Wind Strategic Plan.
The BPU must implement a renewable energy credit program and solicit for projects to generate 1,100 megawatts of electric power.
“This is great news for the people of New Jersey and a positive step forward in bringing offshore wind to the state,” said Thomas Brostrom, president of Orsted North America. The company holds a lease to develop Ocean Wind, a project with the potential to generate 1,000 megawatts of offshore wind about 10 miles off Atlantic City.
Read the full story at the Press of Atlantic City