Ørsted Wins 1.1 GW Offshore Wind Award in New Jersey
Notice that we are falling behind, and that the green economy dollars in the US are now going to foreign companies. Time to stop the subsidies for Fossil Fuels and move them towards energy innovation instead.
The New Jersey Board of Public Utilities (NJBPU) has unanimously granted the state’s first award for offshore wind to Ørsted.
Ørsted’s 1.1 GW Ocean Wind project is expected to power roughly 500,000 New Jersey homes, generate $1.17 billion in economic benefits and create an estimated 15,000 jobs over its lifetime.
According to the NJBPU, today’s decision represents single largest award for offshore wind in U.S. to date and marks further progress toward meeting New Jersey’s goal of 3.5 GW of offshore wind by 2030, as well as Gov. Phil Murphy’s vision of 100% clean energy for the state by 2050.
More: Ørsted Wins 1.1 GW Offshore Wind Award In New Jersey - North American Windpower