Community Offshore Wind, a joint venture between RWE and National Grid Ventures, has submitted plans to provide up to 1.3 GW of new offshore wind capacity to New Jersey. The proposal, submitted to the New Jersey Board of Public Utilities (NJBPU), will generate power for more than 500,000 homes annually if selected. It would also deliver economic benefits to the region, including infusing an estimated $6 billion in economic benefits for the state through programs to build an offshore wind workforce and supply chain.
COMMUNITY OFFSHORE WIND WILL DELIVER BENEFITS TO NEW JERSEY, INCLUDING:
Community Offshore Wind forecasts the project will reduce New Jersey’s electric system greenhouse gas (GHG) emissions by 52 million tons over the project lifetime (equivalent to taking over 11 million cars off the road) and marks a significant leap toward the state’s goal of bringing 11 GW of offshore wind online by 2040.
If selected by the NJBPU, Community Offshore Wind will deliver on these commitments for New Jersey.
“We are proud to submit this bid for a new Community Offshore Wind project with the potential to transform New Jersey into a nation-leading clean energy development, training and manufacturing hub,” said Doug Perkins, president & project director of Community Offshore Wind. “As the second-largest developer of offshore wind globally, RWE will leverage our longstanding expertise to maximize this project’s benefits to every worker, family and business in New Jersey. Our proposal is designed from start to finish to ensure this energy transition lifts up communities across the state and creates opportunity for all.”
“Community Offshore Wind will cut emissions and reduce reliance on aging power sources, while helping New Jersey’s leaders build the foundation of a greener, more resilient energy future,” said Pat Johnson, vice president and deputy project director for Community Offshore Wind. “The Northeast is National Grid’s home, and our longstanding experience delivering safe, reliable and efficient power to millions of homes across the region makes National Grid Ventures and RWE the perfect partners to New Jersey as the state embraces renewable energy and continues building its offshore wind capacity.”
In February 2022, Community Offshore Wind was successful in acquiring its lease area (roughly 126,000 acres) in the New York Bight, the area between New Jersey and Long Island, with a potential capacity of over 3 GW of offshore wind.
To access more business news, visit NJB News Now.Related Articles: