Library from New Jersey

Ohioans cheer New Jersey’s turbine decision

Add it up: No net economic benefits. Environmental damages. Growing public opposition. A variety of likely legal actions. The Great Lakes are held in the public trust by each bordering state and Canada. Accordingly, any proposal that will pollute and endanger the lakes should be wholly rejected by the agencies charged with protecting them, in this case the OPSB.
29 Jan 2019

New Jersey looks to rejoin regional cap-and-trade program

But many business groups oppose reentering RGGI at all. Tony Bawidamann, vice president of government affairs at the New Jersey Business and Industry Association, said the cap-and-trade program amounts to a tax on businesses that will be passed on to consumers in the form of higher energy costs. “This makes us less competitive in the region because the ratepayer is going to be paying more and more for energy use,” Bawidamann said. ...“It’s a costly state to live in, and this makes it even more costly,” he said.
25 Jan 2019

Offshore-wind developers and officials won't reveal key details of proposals

In fact, the BPU declined to identify the three bidders who submitted applications in a press release announcing what it described as regaining New Jersey’s place as a “leader when it comes to clean renewable energy and offshore wind power.’’ Asked to supply further details about the projects in emails and phone calls, Peter Peretzman, a spokesman for the agency responded, “We are not sharing additional information at this time.’’
3 Jan 2019

New Jersey Board approves offshore wind certificate funding, denies Nautilus Wind pilot

The price quoted by Nautilus was too high given the unsubstantiated benefits, and therefore an unacceptable burden for the state’s ratepayers. This includes the proposed OREC starting price plus the annual escalator. Board staff made this clear to Nautilus at multiple points during negotiations over the last three months, but the price never came down to an acceptable level.
19 Dec 2018

State advised yet again to reject offshore-wind project near Atlantic City

“The project is simply too expensive and will lead to more costs than benefits for New Jersey ratepayers despite the fact that these cost burdens, according to the company, may amount to only a few dollars per year,’’ Dismukes said. ...most offshore-wind development in the U.S. “is moving forward quickly with expansive programs that effectively skip any form of ‘experimental’ or ‘pilot’ process.’’
15 Oct 2018

Offshore wind companies in horse race for ratepayer subsidy

The three offshore wind companies with the ability to build turbines off New Jersey ...are in a competition for a ratepayer subsidy to build and run their facilities for 20 years, and that makes them cautious about describing the size and cost of their planned projects, where they will connect with New Jersey’s grid, and how they will minimize cost and maximize economic value to the state.
22 Sep 2018

BPU releases draft rules for funding offshore wind in New Jersey

“We urge that you issue a solicitation for the full 1,100 (megawatts) as quickly as possible,” said Abby Watson of Siemens Gamesa Renewable Energy, which she said is the world’s largest offshore wind turbine manufacturer. “Many have mentioned the federal investment tax credit — worth roughly 12 percent of the capital cost of a farm — which will save ratepayers hundreds of millions of dollars.”
15 Aug 2018

Third try for offshore wind project near Atlantic City

Doug Copeland, regional development manager for EDF, declined to say what the project will cost overall nor its specific impact on ratepayers. “We are estimating it will cost a small cup of coffee,’’ he said. Under legislation Gov. Phil Murphy signed into law earlier this spring, the BPU has 90 days to review the project. 
7 Aug 2018

Wind farms for the Jersey shore — State outlines a critical rule

Offshore-wind developers are pressing the BPU to begin accepting applications before the end of the year, fearing that if the state does not move swiftly, they will not be able to qualify for lucrative federal tax credits. The credits expire at the end of 2019 and developers need to start spending big dollars on their projects before then or they will not qualify for the incentives.
26 Jul 2018

BPU proposes offshore wind credit program

Danish offshore wind giant Orsted has opened an Atlantic City office and is pursuing building a large-scale project about 10 miles off the coast of the resort. It recently deployed equipment to study wind and wave speed and direction at a potential site. A spokesman has said it could have a wind farm built by 2025 if the OREC program is in place quickly and if its project is chosen for funding.
26 Jul 2018

http://www.windaction.org/posts?location=New+Jersey
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