Statement by Governor Murphy on the New Jersey Board of Public Utilities’ Fourth Offshore Wind Solicitation
“Developing the offshore wind industry in New Jersey is a once-in-a-generation opportunity to create tens of thousands of jobs, drive an entirely new manufacturing supply chain, and secure energy independence. This is especially critical during a time when new energy generation is needed to provide our residents and business with reliable, cost-effective energy solutions.
“However, the offshore wind industry is currently facing significant challenges, and now is the time for patience and prudence. I support the BPU’s decision on the fourth offshore wind solicitation, and I hope the Trump Administration will partner with New Jersey to lower costs for consumers, promote energy security, and create good-paying construction and manufacturing jobs.”
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New Jersey Governor Phil Murphy has expressed his support for the Board of Public Utilities’ (BPU) decision to move forward with a fourth offshore wind solicitation. This announcement comes as part of the state’s ongoing efforts to increase renewable energy production and reduce reliance on fossil fuels.
The BPU’s choice to pursue a fourth offshore wind solicitation is a significant step towards achieving New Jersey’s clean energy goals. The state has set ambitious targets for offshore wind energy production, aiming to generate 7,500 megawatts of electricity from offshore wind by 2035. This latest solicitation will help to further progress towards this target and solidify New Jersey’s position as a leader in renewable energy development.
Governor Murphy has been a vocal advocate for offshore wind energy, recognizing its potential to create jobs, reduce greenhouse gas emissions, and strengthen the state’s energy security. By supporting the BPU’s decision for a fourth offshore wind solicitation, he is reaffirming his commitment to transitioning New Jersey towards a more sustainable and environmentally friendly energy future.
The offshore wind industry has already begun to take root in New Jersey, with several projects in the pipeline and more on the horizon. The state’s first offshore wind farm, Ørsted’s Ocean Wind project, is currently under development off the coast of Atlantic City and is expected to be operational by 2024. This project alone will generate enough clean energy to power half a million homes and create thousands of jobs in the process.
With the BPU’s latest decision, it is clear that New Jersey is serious about harnessing the potential of offshore wind energy. By continuing to support and invest in this burgeoning industry, the state is not only taking steps towards a cleaner and more sustainable energy future but also positioning itself as a leader in the transition to renewable energy sources. Governor Murphy’s backing of the BPU’s choice for a fourth offshore wind solicitation is a positive sign of the state’s commitment to building a greener and more prosperous future for all New Jersey residents.
