HomeIndustryBPU: N.J.’s offshore wind plan getting international attention

BPU: N.J.’s offshore wind plan getting international attention

New Jersey is getting attention as one of the first states to push for an aggressive offshore wind plan, thanks to Gov. Phil Murphy.

“The interest has become international,” said Joe Fiordaliso, president of the state Board of Public Utilities.

The BPU has been in conversation with the Danish embassy and others who have “suddenly discovered New Jersey is a player as far as offshore wind is concerned,” he said.

In addition, New Jersey was recognized at the US Offshore Wind 2018 conference and exhibition, organized by New Energy Update and held in Boston this week.

Elisabeth Treseder, senior regulatory adviser for Danish offshore wind developer Ørsted, and Kenneth Sheehan from the BPU were on the panel to discuss New Jersey’s development plan — including “how new leadership in New Jersey will ensure that offshore wind advances rapidly and expands its mandate to 3,500 MW of capacity,” according to the agenda.

Despite a push for offshore wind for more than seven years, from companies like Fishermen’s Energy, the plan to produce 3,500 megawatts by 2030 in the state is still in its infancy.

The strategic plan is still in the works and consultants will soon be hired to assist in the process.

But there is still optimism among developers and the BPU.

“We are moving rapidly in the right direction,” Fiordaliso said.

But New Jersey’s entrance is interestingly timed.

For one, three other Northeastern states are also pushing into the market at the same time — New York, Massachusetts and Rhode Island — which means there is going to be competition for a leader in the market.

In addition, Europe has been doing the heavy lifting to learn from earlier mistakes to improve the process and technology, making it competitive and cheaper for New Jersey to enter — and meaning Gov. Chris Christie’s rejection of the technology was a blessing in disguise.

“Sometimes, there are blessings in disguise,” Fiordaliso said. “I think it has to be understood that New Jersey is a little behind. We’re kind of playing catchup here. We want to work regionally — certainly with our neighbors in New York — to achieve goals that are beneficial to the state and the entire region, and, hopefully, to the entire planet.”

But the recognition at the event in Boston this week is proof that the Garden State has a chance to be among the leaders in the state, just as it was in solar energy.

All this means is that the state will rely less on other states’ energy production.

“Our dependency on imports is becoming less,” Fiordaliso said. “Obviously, natural gas has hit a boom in our region due to the Marcellus Shale in Pennsylvania, but we are also seeing more and more of our energy generated by clean energy.”

Meanwhile, gas and nuclear energy will act as a bridge until there is greater production, he said.

“All the preliminary work is beginning (for offshore wind), but when the first turbine is in the ocean, I can’t tell that now. We want to be prudent as we move forward because, ultimately, the ratepayer, you and I, are going to pay for it. We want to make sure we are doing it right,” Fiordaliso said.

In that planning process, the state has paid attention to international summits to learn from mistakes made by the pioneers — European countries including Denmark, Germany and the U.K.

“It’s exciting to see the direction New Jersey is taking,” Fiordaliso said.

Read more from ROI-NJ:

Related Articles

00:29:27

Our Infrastructure Matters – Episode 8

In Infrastructure Matters – Episode 8, industry analysts discuss how the technology landscape around infrastructure and mainframe computing is evolving through open-source collaboration and new...

NJM Insurance Group welcomes Joseph Colalillo to Board of Directors

Joseph S. Colalillo, president of ShopRite of Hunterdon County, has been elected to the board of directors of NJM Insurance Group.  Colalillo brings decades of experience in retail...

Princeton chamber begins search for next president and CEO

The Princeton Mercer Regional Chamber of Commerce said March 10 it has officially launched the search for its next president and CEO. Current President...

Gateway Development Commission says tunnel work resumes but cautions about funding pause

The Gateway Development Commission, which is overseeing the $16 billion Hudson Tunnel Project, said construction has resumed at all sites but will pause again...

Hard Rock Atlantic City CEO George Goldhoff elected president of Casino Association of NJ

George Goldhoff, president and CEO of Hard Rock Hotel & Casino Atlantic City, has been elected president of the Casino Association of New Jersey,...

Elkis joins NJ Jewish Business Alliance’s board of directors

The New Jersey Jewish Business Alliance (NJJBA) in Cranford said Karin Elkis has joined its board of directors, adding that she brings extensive leadership...

Latest Articles

New Portal Bridge used ahead of schedule as delays impact NJ Transit riders

Train service between Newark and New York was limited Friday, with delays of up to an hour due to overhead wire issues at the...

What an ‘AI-proof’ job entails — and who’s at risk of losing out

The Bureau of Labor Statistics’ February jobs report revealed 92,000 losses in nonfarm sectors. For job seekers, this paints an abysmal picture — a continuation...

AAA: N.J.’s gallon of gas average jumps to $3.53 — 16th-highest in the nation

Voorhees-based AAA reports that the average price for a gallon of regular gasoline in New Jersey rose 33 cents over the last week to...

Florham Park law firm Schenck Price adds Moon to firm 

Schenck Price, Smith & King LLP, located in Florham Park, said Elizabeth Moon has joined the firm as a partner in its Labor and...

ICON Real Estate Advisors arranges $7.95M sale of East Orange multifamily property 

ICON Real Estate Advisors has arranged the $7.95 million sale of a 58-unit garden-style multifamily property at 223 Prospect St. in East Orange. ICON represented...

Finding the Right Pediatrician for Your Baby and Your Family

Choosing a pediatrician is one of the earliest and most important decisions you make as a parent. Many parents research online, read reviews, and...

Latest Articles

New Portal Bridge used ahead of schedule as delays impact NJ Transit riders

Train service between Newark and New York was limited Friday, with delays of up to an hour due to overhead wire issues at the...

What an ‘AI-proof’ job entails — and who’s at risk of losing out

The Bureau of Labor Statistics’ February jobs report revealed 92,000 losses in nonfarm sectors. For job seekers, this paints an abysmal picture — a continuation...

AAA: N.J.’s gallon of gas average jumps to $3.53 — 16th-highest in the nation

Voorhees-based AAA reports that the average price for a gallon of regular gasoline in New Jersey rose 33 cents over the last week to...

Florham Park law firm Schenck Price adds Moon to firm 

Schenck Price, Smith & King LLP, located in Florham Park, said Elizabeth Moon has joined the firm as a partner in its Labor and...

ICON Real Estate Advisors arranges $7.95M sale of East Orange multifamily property 

ICON Real Estate Advisors has arranged the $7.95 million sale of a 58-unit garden-style multifamily property at 223 Prospect St. in East Orange. ICON represented...