Ørsted to Open New Jersey Office in May

Business & Finance
Image source: Governor Phil Murphy on Twitter

Ørsted, the developer of the Ocean Wind project proposed to be built off New Jersey, will open an office in Atlantic City next month, New Jersey Governor Phil Murphy announced at the International Partnering Forum (IPF) 2018 in Princeton. 

Image source: Governor Phil Murphy on Twitter

“New Jersey welcomes Ørsted’s choice to grow in New Jersey, a decision that will help create clean energy jobs in the state,” Murphy said. “My administration is committed to building a green economy in New Jersey and it is through investments from companies like Ørsted that this vision will become a reality.”

In January, the governor signed an executive order directing the New Jersey Board of Public Utilities to fully implement the Offshore Wind Economic Development Act (OWEDA) and begin the process of moving the state toward a goal of 3,500MW of offshore wind energy generation by 2030.

Thomas Brostrøm, President, Ørsted North America, said: “Our Ocean Wind project will contribute greatly to helping the Governor achieve this goal. This latest step comes on the heels of our work in undertaking geophysical surveys of the leased windfarm area to determine characteristics of the site, so that we can continue developing this project and make it a reality.”

The Ocean Wind offshore wind farm is proposed for a 160,480 acre site located approximately 10 nautical miles off the coast of Atlantic City. The U.S. Bureau of Ocean Energy Management (BOEM) has two proposed lease areas for offshore wind development off the Jersey Shore, which could accommodate a capacity of more than 3,000MW of offshore wind energy.

As reported earlier today, 5 April, EDF Renewable Energy will take over the development of the 24MW Atlantic City Wind Farm off New Jersey, as the European renewable energy company entered into a preliminary agreement with Fishermen’s Energy to acquire the project.