Leading Light Wind and Attentive Energy win big in New Jersey’s offshore wind solicitation
In a landmark decision, the New Jersey Board of Public Utilities (NJBPU) has awarded a combined 3,742 MW of offshore wind capacity to two monumental projects: Invenergy and energyRE’s Leading Light Wind Project and Attentive Energy LLC’s Attentive Energy Two Project. This groundbreaking move propels the State towards its ambitious goal of a 100% clean energy economy by 2035.
Transformative Impact on Energy and Economy
The decision grants 2,400 MW of capacity to Leading Light Wind and 1,342 MW to Attentive Energy Two. Together, these projects are set to usher in $6.8 billion in economic benefits to New Jersey and generate enough clean energy to power 1.8 million homes.
Governor Phil Murphy lauded the decision, emphasizing the State’s growing status as a regional hub for offshore wind supply chains and its commitment to generating good-paying jobs and environmental benefits.
A Commitment to Green Jobs and Sustainability
NJBPU President Christine Guhl-Sadovy highlighted the dual benefits of these projects: environmental sustainability and economic growth. Similarly, NJEDA Chief Executive Officer Tim Sullivan underlined the importance of these projects in aligning with Governor Murphy’s clean energy goals and cementing New Jersey as a leader in offshore wind.
Environmental Protection Commissioner Shawn M. LaTourette echoed these sentiments, emphasizing the projects’ role in combating climate change and supporting green job creation across the Garden State.
A Catalyst for Offshore Wind Supply Chain Development
These projects promise to enhance New Jersey’s standing as a key player in the offshore wind supply chain. Both projects have committed to significant investments in the New Jersey Wind Port and the EEW monopile facility at the Port of Paulsboro, estimated to create over 27,000 job years.
Balancing Economic Growth with Environmental Protection
The State’s comprehensive approach to offshore wind development seeks the best value for ratepayers while protecting the environment and commercial and recreational fishing interests. In addition to economic benefits, the projects will support environmental and fisheries research and conservation efforts with over $60 million in commitments.
New Jersey’s latest offshore wind capacity awards are a major milestone in the State’s clean energy journey. These projects represent a significant step towards reducing carbon emissions and achieving a sustainable future. The NJBPU’s decision showcases a balanced approach, combining environmental stewardship with economic development, and sets a strong precedent for other states in the pursuit of renewable energy.
Discover more from Business-News-Today.com
Subscribe to get the latest posts sent to your email.