TRENTON – Governor Phil Murphy and New Jersey Board of Public Utilities (NJBPU) President Christine Guhl-Sadovy today announced the approval of the fourth offshore wind solicitation guidance document (SGD)and the opening of the fourth offshore wind solicitation. The application window for the fourth solicitation opens today, April 30, until 5:00 p.m. ET on July 10, 2024.
The fourth solicitation seeks to award between 1.2 gigawatts and approximately 4 gigawatts of offshore wind generation capacity. In the process of meeting New Jersey’s procurement goals, the fourth solicitation aims to encourage competition, promote economic development, and combat climate impacts, all at the lowest reasonable cost and lowest risk to New Jersey ratepayers.
“This latest solicitation is further proof of our commitment to building a strong and thriving offshore wind industry that will deliver undeniable economic and environmental benefits to our state, for both this generation and the next,” said Governor Phil Murphy. “BPU’s latest solicitation will help guarantee that New Jersey residents have access to clean, affordable energy produced right here at home and powered by our very own union workforce.”
“After gathering valuable and robust feedback from stakeholders, the NJBPU is proud to release its fourth offshore wind SGD,” said NJBPU President Christine Guhl-Sadovy. “We look forward to considering the next round of applications as we continue to combat the intensifying climate crisis and solidify New Jersey as a national offshore wind hub.”
In its most recent solicitation, on January 24, 2024 the Board awarded two of New Jersey’s largest offshore wind projects to date, the 1,342 megawatt Attentive Energy Two project and the 2,400 megawatt Leading Light Wind project. Together, the projects are anticipated to produce $6.8 billion in economic benefits to the state, including roughly 4,350 new jobs in direct construction and maintenance of offshore wind farms, as well as jobs in the offshore wind supply chain and in related fields.
Developers of both projects, alongside Murphy Administration officials and representatives from organized labor, recently highlighted the projects’ potential economic impact at the Eastern Atlantic States Regional Council of Carpenters’ Commercial Dive School facility in Sicklerville.
About the New Jersey Board of Public Utilities (NJBPU)
NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications, broadband and cable television. The Board has general oversight and responsibility for monitoring utility service, responding to consumer complaints, and investigating utility accidents. To find out more about NJBPU, visit our website at www.nj.gov/bpu.
About New Jersey’s Clean Energy Program (NJCEP)
NJCEP, established on January 22, 2003, in accordance with the Electric Discount and Energy Competition Act (EDECA), provides financial and other incentives to the State’s residential customers, businesses and schools that install high-efficiency or renewable energy technologies, thereby reducing energy usage, lowering customers’ energy bills and reducing environmental impacts. The program is authorized and overseen by the New Jersey Board of Public Utilities (NJBPU), and its website is www.NJCleanEnergy.com.
