The N.J. Board of Public Utilities has opened the application window for the state’s second solicitation of offshore wind capacity by offering Offshore Wind Renewable Energy Certificates, or ORECs, targeting 1,200 megawatts to 2,400 megawatts of offshore wind capacity. The board seeks to promote robust competition in this solicitation and future solicitations to support the continued development of the offshore wind industry in New Jersey.
The BPU approved the solicitation on Sept. 9. This second solicitation potentially triples the state’s committed…
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