Tag Archives: Board of Public Utilities
New Jersey Terminates Ocean Wind Projects Amidst Environmental Concerns
The New Jersey Board of Public Utilities (NJBPU) has officially revoked its prior approvals for the Ocean Wind One and Ocean Wind Two offshore wind projects. This decision comes after Cape May County filed lawsuits challenging the projects, citing environmental concerns. The State has agreed to allow Orsted, the foreign corporation behind the projects, to retain $175 million in escrow funds in exchange for the cancellation. “Today is a very important day in our ongoing opposition to these environmentally destructive offshore wind projects,” said Cape May County Commission Director Len Desiderio. “The vacation of these Orders by the BPU means that it will be much more difficult for Orsted or any other Big Wind company to utilize these lease areas just a few miles off Cape May County beaches. As we have seen in Nantucket over the past few weeks, these industrial electricity-generating facilities represent an unacceptable threat to our environment and, consequently, to our local economy. more, >>CLICK TO READ<< 06:44
Ørsted pulled out of NJ. What comes next for wind power at the Jersey Shore?
After Ørsted, Danish energy company, announced in October that it would pull out of the billion-dollar project to build wind turbines off the New Jersey coast, there was discussion about what would come next for clean energy development in the Garden State. Gov. Phil Murphy announced that the state’s Board of Public Utilities would seek another wind energy company in early 2024 and engage in contracts in early 2025. Why did Ørsted drop its New Jersey projects? The company ended development of the Ocean Wind 1 and 2 projects, which were supposed to be built off the coast of Atlantic City. Two other projects, one by Avangrid and another by SouthCoast, a joint venture of Shell and Ocean Winds North America, were also canceled earlier this year in Massachusetts, forcing the companies to pay penalties of $48 million and $60 million, respectively. >>click to read<<10:48
No conflict here! New Jersey ocean enviro studies to be paid for by offshore wind farm developers
New Jersey’s offshore wind developers will help fund research on marine life, paying $10,000 per megawatt of capacity to help New Jersey scientists better understand the impacts of wind farms on the Atlantic Ocean’s ecosystem. The state’s Research Monitoring Initiative will direct a total of $26 million from the power companies toward the study of wind turbines’ impacts on ocean wildlife and commercial fisheries, according to state officials. >click to read< 16:24
Fishermen’s Energy to file court appeal after New Jersey rejects offshore wind farm proposal so they can wreck some ocean
An executive for the coalition of investors trying to build the country’s first offshore wind farm today said it will appeal a decision by New Jersey regulators to reject the $188 million project. Read more here 09:13
Fate of Atlantic City wind farm in hands of regulators
A Cape May company is awaiting word from state regulators about the future of New Jersey’s first offshore wind farm. The state Board of Public Utilities heard closing arguments late last month from Fishermen’s Energy, of Cape May, a consortium of partners from the commercial fishing industry. (what a crock that is!) Read more@pressofatlanticcity 11:38
