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BPU Stalls Wind Off NJ's Coast
Date : Fri, 19 Jul 2013 14:20:00 -0400
For Immediate Release
July 19, 2013
Contact: Jeff Tittel, NJ Sierra Club, 609-558-9100
BPU Stalls Wind Off NJ's Coast
Today the BPU held a hearing on the future of the proposed Fisherman's
Energy wind farm off the coast of Atlantic City.The company has reached
an agreement with the Rate Payer Advocate that would reduce project
costs, however the BPU staff is objecting to some of the
stipulations.The project would install 6 turbines producing 25 MW of
power 2.8 miles off the coast of Atlantic City.The project was
originally $200 million.Under the tentative agreement between
Fisherman's Energy and the Rate Payer Advocate the project costs would
be reduced by $36 million and there would be additional savings in
Offshore wind Renewable Energy Credits (OREC) costs totaling about $50
million in saving.Fisherman's Energy has also received $4 million in
federal grants and if the spends $10 million of their own money before
the end of the year, they could receive up to an addtional$100 million
in federal funds.
"Clearly today the BPU put out a lot of hot air when it comes to
offshore wind.The concern here is not Fisherman's Energy it is that BPU
is trying to slow down or stop wind projects off our coast.It looks like
they are deliberately trying to come up with ways to delay or sabotage
this project and others.The Governor is more concerned about the Tea
Party, the Koch Brothers than having wind off our coast. The
administration is more concerned about the Governor's national ambitions
than jobs and environmentally benefits this project would bring to New
Jersey.Especially after Sandy when so many in the maritime industry need
work this project is critical for them as well as the people of New
Jersey," said Jeff Tittel, Director, NJ Sierra Club.
BPU is concerned, saying they are working in dark.But this is result of
their own delays.The BPU has not developed rules for offshore wind or
ORECs in the 3 years since the Offshore Wind Economic Development Act
In the agreement if the project fails ratepayers could be on the hook
for $19 million and the BPU is objecting.However they have no problem
subsidizing the Susquehanna-Roseland line to carry in more coal-fired
power from Pennsylvania or using $2 billion in rate payer subsidies for
3 new electric natural gas plants.
"BPU has no problem subsidizing fossil fuel plants or power lines for
dirty coal but what they are doing could jeopardize New Jersey getting
When BPU does its economic benefits test we are concerned they are not
looking at the benefits of reduced air pollution and carbon pollution,
health benefits, and other positives from having clean energy off our coast.
Wind energy is renewable, clean, and thousands creates jobs. Offshore
wind will provide electricity and jobs to places where it's needed most.
The East Coast, with its large metropolitan areas and dense suburbs is
hungry for jobs, investment and energy. Offshore wind can be the engine
that drives economic growth in the region for decades to come.The delay
in offshore wind is costing New Jersey as much as 3500 to 4000 jobs.
"The BPU is still fishing on Fisherman's energy and we are concerned
that 3 years after OWEDA passed we are still up in the air when it comes
to offshore wind.We are troubled with how the BPU is handling the
project, not the project itself.The way the net benefits test was done
and other reviews will other larger projects that we need to achieve the
1100 MW goal in OWEDA and the 3000 MW goal in the Energy Master Plan,"
-- Kate Millsaps Conservation Program Coordinator NJ Chapter of the Sierra Club 609-656-7612 _________________________________________________________ NJ-Sierra-Chapter-Ex-Committee List Info & Archives: http://lists.sierraclub.org/archives/NJ-EXCOM.html - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - To view the Sierra Club List Terms & Conditions, see: http://www.sierraclub.org/lists/terms.aspReceived on 2013-07-19 11:20:00
New Jersey Sierra Club, 145 West Hanover St., Trenton, NJ 08618, USA
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