Stiff Competition to Bring Offshore wind Power to Customers

March 18, 2022 | njspotlightnews.org

In what is turning into a hugely competitive bidding process, 13 developers have submitted proposals for 80 transmission projects to bring power from offshore wind farms to New Jersey customers.

The bids involve a range of projects dealing with upgrades to power lines on land, beach crossings, and efforts to connect offshore wind farms and facilities. The 80 projects are being reviewed jointly by the New Jersey Board of Public Utilities and the nation’s largest grid operator, the PJM Interconnection.

NJ SEED: Even if offshore wind power fails to live up to promises of efficiently replacing fossil fuels many of the 80 transmission projects competing for approval will produce jobs and other economic benefits for the state. Competition is good for a free-market economy.