Ørsted today submitted a bid to the New Jersey Board of Public Utilities (NJBPU) to build its Ocean Wind project in response to the first offshore wind request for proposal under Gov. Phil Murphy's clean energy agenda.

Ørsted, the global leader in offshore wind energy, has pioneered and refined the approach to developing and constructing offshore wind farms since it launched the world's first offshore wind farm in 1991. Ørsted owns and operates the Block Island Wind Farm, America's first offshore wind farm, and has a comprehensive geographic coverage with the largest development capacity, totaling more than 8 gigawatts in seven states. The proposed Ocean Wind project will be located 15 miles off Atlantic City, a significant distance away from the coastline and residential communities.

Should Ocean Wind receive approval from the NJBPU, Ørsted will work with Public Service Enterprise Group's non-utility affiliates, which would provide energy management services and potential lease of land for use in project development. PSEG, which has a long history in New Jersey as well as a decade-long partnership with Ørsted, will have the option to become an equity investor in the project.

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PSEG - Public Service Enterprise Group Inc. published this content on 09 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 January 2019 14:43:07 UTC