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US: Orsted awarded 1,148 MW offshore wind contract in New Jersey, fully utilizing its Ocean Wind lease area

US: Orsted awarded 1,148 MW offshore wind contract in New Jersey, fully utilizing its Ocean Wind lease area
01 Jul 2021
New Jersey Board of Public Utilities (BPU) has issued an order
awarding Ocean Wind 2 a 20-year OREC (Offshore Renewable Energy Certificate) for its proposed offshore wind farm with a capacity of 1,148 MW. With today’s award, the Ocean Wind lease will be utilized to its maximum capacity of approx 2.3 GW. The 2029 OREC price is USD 84.03 per MWh with a 2% annual escalator.
Ocean Wind 2 is being developed by Ørsted, the world leader in offshore wind development. Ocean Wind 2 will be located adjacent to Ocean Wind ('Ocean Wind 1'), the company’s first New Jersey project which was awarded a 1,100 MW OREC order by the BPU in June 2019. Ocean Wind 1 is being developed by Ørsted in partnership with Public Service Enterprise Group (PSEG) who owns 25% equity in the project.

New-york , United-states , Block-island , Rhode-island , New-jersey , Paulsboro , Long-island , Connecticut , America , Martin-neubert , David-hardy , Renewable-energy-certificate

New Jersey Awards 2.7 GW of Offshore Wind Projects

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New Jersey Awards 2.7 GW of Offshore Wind Projects
New Jersey utility regulators have issued what officials are calling the largest combined award of offshore U.S. wind generation capacity to date.
The New Jersey Board of Public Utilities (NJBPU) on June 30 awarded a total of 2.658 GW of offshore wind capacity to two groups, bringing New Jersey’s total planned capacity to more than 3.7 GW. The state continues to move closer to Gov. Phil Murphy’s goal of 7.5 GW of offshore wind generation capacity by 2035, part of New Jersey’s push to its target of 100% clean energy by 2050.

Jersey , Port-newark , New-jersey , United-states , Salem-county , Atlantic-city , Paulsboro , American , Brandon-burke , Laura-morton , Phil-murphy , Tim-sullivan

Coastal News Today | NJ - New Jersey awards 2,658 megawatts in biggest US pact

The EDF/Shell Atlantic Shores Offshore Wind venture and a second phase of Ørsted’s Ocean Wind project were awarded a combined 2,658 megawatts of capacity by New Jersey utilities regulators Wednesday, in what state officials call the largest U.S. combined award to date.
The vote by the state Board of Public Utilities raises the state’s total planned capacity to over 3,700 MW, nearly half of a goal of 7,500 MW by 2035 set by Gov. Phil Murphy.
The board allocated 1,510 MW to Atlantic Shores and 1,148 MW to Ocean Wind II for their neighboring federal leases off Long Beach Island and Atlantic City, N.J.

Jersey , Long-beach-island , New-jersey , United-states , Atlantic-city , Paulsboro , Phil-murphy , Shell-atlantic-shores-offshore-wind , Ocean-wind , Public-utilities , Atlantic-shores

NJ on way to second massive wind farm | NJ Spotlight News

Offshore wind farm under construction
The Murphy administration awarded the largest procurement yet for offshore-wind projects along the Eastern Seaboard, giving two developers the ability to triple the capacity of wind turbines in New Jersey, producing power for more than 1.6 million homes.
The winners of the state’s second solicitation for offshore-wind projects will build a combined 2,658 megawatts of new capacity, adding to the 1,100 megawatts now under development by Ørsted’s Ocean Wind project off Atlantic City. Ørsted won the right to build another 1,148 megawatts for its Ocean Wind II project, while Atlantic Shores Offshore Wind’s 1,510-megawatt project was also approved. The latter is a joint venture of EDF Renewables and New Shell Energies LLC.

New-york , United-states , Cape-may , New-jersey , Atlantic-city , Paulsboro , Middletown , Artificial-island , America , American , Joris-veldhoven , Phil-murphy

New Jersey approves Atlantic Shores and Ocean Wind II projects

New Jersey approves Atlantic Shores and Ocean Wind II projects
nsenergybusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nsenergybusiness.com Daily Mail and Mail on Sunday newspapers.

Jersey , Barnegat-light , New-jersey , United-states , Netherlands , Atlantic-city , Paulsboro , America , Dutch , Phil-murphy , Royal-dutch-shell , Renewables-north-america

NJ takes another big step to build a huge offshore wind farm

NJ takes another big step to build a huge offshore wind farm
mybeachradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mybeachradio.com Daily Mail and Mail on Sunday newspapers.

Jersey , Denmark , New-jersey , United-states , Atlantic-city , Paulsboro , Danish , Phil-murphy , Joe-fiordaliso , Energy-master-plan , Public-utilities , Atlantic-shores-offshore-wind

Wind - NJBPU approves America?s largest combined offshore wind award to Atlantic Shores and Ocean Wind II - Renewable Energy Magazine, at the heart of clean energy journalism

Wind - NJBPU approves America?s largest combined offshore wind award to Atlantic Shores and Ocean Wind II - Renewable Energy Magazine, at the heart of clean energy journalism
renewableenergymagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renewableenergymagazine.com Daily Mail and Mail on Sunday newspapers.

Jersey , United-states , New-jersey , Paulsboro , America , American , Laura-morton , Phil-murphy , American-clean-power-association , Regulatory-affairs-for-offshore-wind , Atlantic-shores , Ocean-wind

New Jersey approves 2.7 GW of offshore wind in largest combined award in US

New Jersey approves 2.7 GW of offshore wind in largest combined award in US
utilitydive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from utilitydive.com Daily Mail and Mail on Sunday newspapers.

United-states , Salem-county , New-jersey , Massachusetts , State-of-new-jersey , Paulsboro , America , American , Joseph-fiordaliso , Phil-murphy , David-hardy , Greg-lalevee

NJ set to award second massive offshore wind project - Governors' Wind Energy Coalition

NJ set to award second massive offshore wind project - Governors' Wind Energy Coalition
governorswindenergycoalition.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from governorswindenergycoalition.org Daily Mail and Mail on Sunday newspapers.

Germany , Jersey , New-york , United-states , Gloucester-county , New-jersey , Block-island , Rhode-island , Denmark , Atlantic-city , Paulsboro , Virginia

Investegate |Ørsted A/S Announcements | Ørsted A/S: Ørsted awarded 1,148 MW offshore wind contract in New Jersey, fully utilizing its Ocean Wind lease area

Investegate |Ørsted A/S Announcements | Ørsted A/S: Ørsted awarded 1,148 MW offshore wind contract in New Jersey, fully utilizing its Ocean Wind lease area
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Block-island , Rhode-island , Denmark , New-jersey , Paulsboro , Long-island , Connecticut , America , Tom-christiansen , Martin-neubert