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New Jersey Offshore Wind Grid Infrastructure Projects

Sector: Wind • Location: New Jersey, USA

Source: Inquirer

Project
Cancelled

New Jersey planned to create infrastructure to connect offshore wind farms to the grid. The projects were in early stages of construction to prepare the grid for offshore wind energy. However, the New Jersey Board of Public Utilities ended the agreement with grid operator PJM to create this infrastructure due to policy changes and attacks on the offshore wind industry by the Trump administration.

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The project “New Jersey Offshore Wind Grid Infrastructure Projects” is an infrastructure initiative in the Wind sector, located in New Jersey, USA. Taiyo aggregates data on it from Inquirer.

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Participants

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Status

Original status

cancelled

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Email

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Description

Description

New Jersey planned to create infrastructure to connect offshore wind farms to the grid. The projects were in early stages of construction to prepare the grid for offshore wind energy. However, the New Jersey Board of Public Utilities ended the agreement with grid operator PJM to create this infrastructure due to policy changes and attacks on the offshore wind industry by the Trump administration. Ratepayers will have to reimburse companies for unfinished construction, with a price tag estimated between $400 million and $500 million. The projects are canceled, and the BPU argues this decision saves money compared to completing the projects, which could have cost up to $1.2 billion.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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