New Jersey: Offshore-wind developers and officials won’t reveal key details of proposals
There’s a lot at stake for utility customers who may end up subsidizing projects to the tune of billions of dollars. Three developers are vying to build offshore-wind farms aimed at achieving the Murphy administration’s goal of building 1,100 megawatts of capacity off the Jersey coast in a process that is emerging as increasingly opaque. Details of the projects, to be subsidized by potentially billions of dollars from electric customers in New Jersey, were not forthcoming from either the state Board of Public Utilities nor the developers. The lack of transparency about the offshore-wind projects is not a new development. >click to read< 14:22
Leave a Reply