US energy market, offshore wind developers strive to please all

As offshore wind prices continue to fall, developers in New Jersey strive to submit pilot programs at the lowest costs, while developers in Massachusetts adjust plans to ensure that other stakeholders, such as fishermen, are not upended by larger projects. EDF Renewables North America and Fisherman’s Energy announced on Monday that they jointly applied to the New Jersey Board of Public Utilities (BPU) for an offshore development off the coast of Atlantic City that could be up to 25 MW. BPU had rejected two earlier versions of the project based on the high cost that would be passed on to ratepayers.

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Source: Utility Dive

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