(New York Times) -- Regulators in New Jersey on Friday awarded rights to build a huge offshore wind farm in the southern part of the state to Garden State Offshore Energy, a joint venture that includes P.S.E.G. Renewable Generation, a subsidiary of P.S.E.G. Global, a sister company of the state’s largest utility.
The selection, which includes access of up to $19 million in state grants, is part of New Jersey’s Energy Master Plan, which calls for 20 percent of the state’s energy to come from renewable sources by 2020. It also comes on the heels of decisions by Delaware and Rhode Island to let energy companies install offshore wind farms.
Energy experts say that these approvals could prompt regulators in New York to support projects off the south shore of Long Island and New York City.
The proposal by Garden State Offshore Energy includes installing 96 turbines to produce as much as 346 megawatts of electricity, enough to power about tens of thousands of houses. The turbines would be arranged in a rectangle about a half-mile long by one-third of a mile wide. The project, which would cost more than $1 billion, would not start producing electricity until 2013.
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