Current:Home > StocksNovaQuant-Previous bidder tries again with new offshore wind proposal in New Jersey -Infinite Profit Zone
NovaQuant-Previous bidder tries again with new offshore wind proposal in New Jersey
Will Sage Astor View
Date:2025-04-09 18:26:41
ATLANTIC CITY,NovaQuant N.J. (AP) — A partnership that proposed an offshore wind farm in New Jersey last year but was not selected by state utility regulators to move forward with it is trying again.
Community Offshore Wind said Thursday it had submitted a bid a day earlier to build a wind farm off the state’s southern coast. It would generate 1.3 gigawatts of electricity, or enough to power 500,000 homes.
Its project would be located 37 miles off Barnegat Light on Long Beach Island. The companies involved did not say how many wind turbines would be included.
The project is a partnership between Essen, Germany-based RWE and New York-based National Grid. They previously applied to build a project in roughly the same area, but were not chosen by the state Board of Public Utilities to proceed with it.
“Community Offshore Wind was not awarded a project in New Jersey’s third solicitation, but this solicitation provides an exciting new opportunity,” company spokeswoman Molly Gilson said.
The companies would not say how, if at all, this bid differs from the one it submitted last year.
If it is selected, the project could begin construction in 2027 or 2028, and become operational by 2031, the companies said.
Community Offshore Wind thus became the last of the three bidders who submitted plans by Wednesday’s 5 p.m. deadline to publicly identify itself.
It joins Attentive Energy, which also has preliminary approval for a wind farm 42 miles (67 kilometers) off Seaside Heights, and which is proposing an additional project in the same general area. That project is a joint venture between Paris-based TotalEnergies and London-based Corio Generation.
The second project would be capable of powering about 650,000 homes, and it is a partnership among TotalEnergies, Corio Generation, and New York-based Rise Light & Power.
Attentive Energy said it is not seeking to re-bid the terms of the preliminary approval it received from New Jersey utility regulators in January.
But Atlantic Shores, which also has preliminary approval for a two-phase project off southern New Jersey, said Wednesday that it is seeking to re-bid its project. The company did not respond to multiple requests to clarify what it is seeking to change in the new bid, and how, if at all, its project might change under a new bid.
New Jersey has set ambitious goals to become the East Coast hub of the offshore wind industry. It built a manufacturing facility for wind turbine components in the southern part of the state to help support the growth of the industry here.
And New Jersey has become the epicenter of resident and political opposition to offshore wind, with numerous community groups and elected officials — most of them Republicans — saying the industry is harmful to the environment and inherently unprofitable.
One of the most vocal groups, Protect Our Coast NJ, said Atlantic Shores previously agreed to a price of $86 per megawatt hour, but now wants more.
“By going back to the feeding trough, these price-gouging hogs are looking for a bigger payday from the New Jersey BPU and” the administration of Democratic Gov. Phil Murphy, the group said in a statement Thursday. “We plan to work together with other grassroots groups to oppose the bait-and-switch tactics that this rebid represents.”
Supporters say widespread use of wind and solar energy is essential to move away from the burning of fossil fuels, which contributes to climate change.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (343)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Her bladder stopped working, and her whole world changed. Here's how she fixed it.
- Lawsuit seeks $5M for Black former delivery driver who says white men shot at him in Mississippi
- A six-planet solar system in perfect synchrony has been found in the Milky Way
- A South Texas lawmaker’s 15
- A Pakistani province aims to deport 10,000 Afghans a day
- Travis Barker’s Son Landon Reveals He Hasn’t Held Baby Brother Rocky Yet
- Study finds our galaxy’s black hole is altering space-time. Here’s what that means.
- The Grammy nominee you need to hear: Esperanza Spalding
- Pope Francis says he's 'not well' amid public audience after canceling Dubai trip
Ranking
- The Daily Money: Spending more on holiday travel?
- Leaked document says US is willing to build replacement energy projects in case dams are breached
- How one Oregon entrepreneur is trying to sell marijuana out of state, legally
- AP Photos: Church that hosted Rosalynn Carter funeral played key role in her and her husband’s lives
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- College Football Player Reed Ryan Dead At 22
- Top diplomats arrive in North Macedonia for security meeting as some boycott Russia’s participation
- Philips sleep apnea machines can overheat, FDA warns
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Sweden halts adoptions from South Korea after claims of falsified papers on origins of children
Autoworkers strike cut Ford sales by 100,000 vehicles and cost company $1.7 billion in profits
ABC News correspondent Rebecca Jarvis details infertility, surrogacy experience for 'GMA'
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Paris angers critics with plans to restrict Olympic Games traffic but says residents shouldn’t flee
Charges dismissed against 3 emergency management supervisors in 2020 death
4 news photographers shot, wounded in southern Mexico