TODAY: BPU Offshore Wind Stakeholder Meeting

Who: Board of Public Utilities (BPU)

What: Staff of the Board of Public Utilities (BPU) all interested parties and members of the public to a Public Hearing to discuss a Straw Proposal concerning the OREC funding mechanism directing the New Jersey Board of Public Utilities (BPU or Board), in collaboration with other State agencies, to fully implement the Offshore Wind Economic Development Act (OWEDA).
Where: New Jersey Board of Public Utilities 44 South Clinton Avenue Trenton, NJ 08625 Merit System Room, 1st Floor
When: Tuesday, May 8, 2018 at 1:00pm

“New Jersey needs to get moving on offshore wind. We have been lagging behind for 8 years and this is the first real step the state is taking in trying to make offshore wind a reality. It is important that we are moving forward not only on financial rules, but on working with other states, talking to stakeholders and creating strategic plans. This will move us forward when it comes to clean energy and green jobs. Off shore wind is the most reliable and cost-effective form of offshore power and New Jersey needs to pursue policies to facilitate the construction of wind turbines off our coast. New Jersey has enough potential of offshore wind to meet 1/3 of our electrical needs. We don’t need any more studies on offshore wind, we need action,” said Jeff Tittel, Director of the New Jersey Sierra Club. “The Federal Government is pushing wind energy forward by releasing bids but until now, the state government has been standing in the way. Even though these leases have been given, we can’t make offshore wind a reality unless we have a funding mechanism in place. That’s why it’s so important for Governor Murphy to lead the charge.”