HISTORIC: The Feb. 23-25 offshore wind auction netted $4.37 billion in offers. (Provided Picture)
A person of the 6 providers that successfully bid for a slice of the 488,000 acres of offshore wind vitality leases in the New York Bight last thirty day period previously has strategies in location to build the greatest one offshore wind undertaking in New Jersey, about 10 to 20 miles off the coast involving Atlantic City and Barnegat Gentle.
Atlantic Shores Offshore Wind Bight LLC, a wholly owned subsidiary of Atlantic Shores Wind LLC, was awarded 79,351 acres, paying $780 million for the lease area, in accordance to the U.S. Department of Interior.
“We are incredibly enthusiastic to have a lease spot in the New York Bight, enabling us to provide a lot more thoroughly clean, renewable electric power from offshore wind tasks to East Coast residents,” said Joris Veldhoven, commercial and finance director at Atlantic Shores Offshore Wind. “This New York Bight lease, in mixture with our present portfolio offshore vitality tasks, solidifies Atlantic Shores’ situation as a driving pressure to set up this new field and provide clear, renewable power while safeguarding our normal sources.”
Just very last yr, the New Jersey Board of General public Utilities awarded Atlantic Shores Offshore Wind Project 1 the suitable to receive offshore renewable strength certificates for its 1,510 megawatts offshore wind project. That job is expected to electrical power more than 700,000 houses from within just its current 183,000-acre lease area off the coast of New Jersey. The venture phone calls for an array of 111 turbines to be developed in the southernmost part of the company’s federal lease, 12 miles off Absecon Inlet, and possibly will not be noticeable to LBI during the summertime tourist time, officers said through a virtual open property held very last summer season.
“If you incorporate that (New York Bight) possible to what has previously been proposed in the Ocean Wind and Atlantic Shore tasks, there is actually adequate wind power to exceed the governor’s aim by 60%,” claimed Bob Stern, president of Help you save Prolonged Beach Island Inc., identified locally as LBI Wind Without having Effect. “So the governor has the luxury of on the lookout at many locations and giving course as to which area to go after or which to not.”
Stern, a Seashore Haven resident, former director of environmental compliance for the U.S. Section of Power and a founding member of the coalition, mentioned four of the lease locations BOEM accepted bids on are in Hudson South, an location his business has inspired the federal company to seem at in its system of deciding upon sites. The area, according to Stern, has the wind power potential of building 6,890 megawatts. Gov. Phil Murphy’s whole intention is 7,500 megawatts, he additional.
“We would counsel that this is an opportune time for the governor to appoint a committee of agency and community associates to evaluation the path of the New Jersey offshore wind system and supply recommendations to him in that regard,” Stern stated. “We would, of study course, be extra than glad to take part constructively in these an effort.”
In the meantime, environmental teams about the condition lauded the nation’s maximum-grossing aggressive offshore power auction in history, which drew $4.37 billion in competitive winning bids.
“We applaud attempts that affirm our state’s dedication to fight climate modify when shielding our valuable organic assets by transferring to renewable strength resources like offshore wind,” reported Eric Stiles, president and chief executive officer of New Jersey Audubon. “Reducing our dependence on fossil fuels will mitigate destructive impacts owing to climate alter and will advantage wildlife populations all through the coastline.”
Jody Stewart, organizer for New Jersey Source Undertaking, said transitioning to clean, renewable energy is necessary to depart foreseeable future generations safe communities.
“We are happy New Jersey is taking bold measures to guide in the offshore wind field, by producing a cleaner variety of vitality and offering southern New Jersey financial prospects we did not have in the past,” she additional.
— Gina G. Scala