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16

NJ Choose Preferred Developer for Wind Farm

Garden State Offshore Energy has been chosen by the New Jersey Board of Public Utilities as the preferred developer of a 350-megawatt wind farm off the coast of New Jersey

Garden State Offshore Energy (GSOE), a joint venture of PSEG Renewable Generation and Deepwater Wind has been chosen by the New Jersey Board of Public Utilities (NJ BPU), as the preferred developer of a 350-megawatt wind farm off the coast of New Jersey. GSOE will begin the permitting process at both the state and federal levels and proceed with evaluation of the project's environmental impacts and wind resources quality.

GSOE's proposal calls for 96 wind turbines arranged in a rectangular grid 16 to 20 miles off the coast of Cape May and Atlantic counties. At this distance, the wind farm would be barely visible from shore, addressing one of the major concerns of beach communities. The wind farm could begin generating energy in 2012 with the entire project operational in 2013.

The New Jersey Energy Master Plan (EMP) calls for 20% of the state's New Jersey's energy to come from renewable sources by 2020, a major portion of which is envisioned to be from offshore wind. This decision marks the state's ongoing commitment to aggressively encourage the expansion and creation of clean energy solutions to meet the state's energy needs.

The foundations, turbines and towers are planned to be assembled on land and will be transported to the wind farm site via large-scale barges. Assuming a suitable site can be found, turbine assembly and port facilities are expected to be located in New Jersey and create local green jobs.

"PSEG believes that to meet the challenges of climate change, we need to move forward in three areas -- expanding energy efficiency and conservation, investing in renewables and planning for additional clean central station power," said Ralph Izzo, chairman, CEO and president of PSEG. "We believe that offshore energy has great potential to bring clean energy and jobs to New Jersey."

"Deepwater Wind is excited to partner with PSEG and the State of New Jersey. This project is an important part of our strategy for the Northeast United States," said Deepwater Wind CEO Chris Brown.

"The beauty of our proposal is that it preserves the beauty of the New Jersey shore," said Nelson Garcez, vice president, PSEG Renewable Generation. "This places New Jersey among the leaders in the U.S. in developing off shore wind energy. It has tremendous potential to create clean energy and hundreds of green jobs for the state."

Today's decision was the result of a process run by the BPU's Office of Clean Energy.

The Garden State Energy proposal was chosen from among five submitted to New Jersey regulators for evaluation. GSOE will also receive a $4 million grant from the state of New Jersey, 10 percent of which will be received upfront to offset a portion of the costs of the studies. The remainder will be received upon commercial operations.

The completion of the project is dependent on receipt of all required permits, ongoing analysis of environmental impacts, wind quality studies, energy markets, financing and other conditions. The decision to proceed, as well as final location, design and construction schedules, could be affected by these factors.

Author: Jo Amey