HOLMDEL, NJ, November 1, 2022 /PRNewswire/ — The New Jersey Board of Public Utilities (BPU) has appointed Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. FEthe construction responsibility for the connection of clean generated energy New Jerseys offshore wind farms to the power grid.
The BPU selected JCP&L’s plan from 80 proposals submitted by 13 different transmission developers in the country’s first coordinated offshore wind transmission process. The about $723 million of investments awarded to JCP&L for the construction of new transmission infrastructure and the modernization of existing ones account for about 70% of the nearly $1.1 billion Project. The costs of the project should be borne by everyone New Jersey electrical customers.
“This is a historic moment for the state New Jerseyand we’re excited to play such an important role in helping the state meet its original clean energy goal of 7,500 megawatts of wind power by 2035,” he said Jim facultyPresident of New Jersey Operations for FirstEnergy. “Getting that power online in a safe, reliable, and cost-effective manner is a benefit not only to JCP&L’s customers, but to all residents and businesses in the state.”
JCP&L’s proposal was submitted alongside offshore transmission developer Mid-Atlantic Offshore Development, LLC (MAOD), a new company owned by Shell New Energies US, LLC and EDF Renewables North America. Now that the project has been awarded, FirstEnergy has the option to acquire up to a 20% interest in MAOD with BPU approval.
The project will centralize electricity from offshore wind farms New Jersey will be delivered ashore to a collection point in County of Monmouth. The power is then converted from direct current (DC) to alternating current (AC) which flows through the grid and feeds into JCP&L’s transmission system at the company’s substations in Larrabee, Atlantic and Smithburg, all located in County of Monmouth.
In addition to the new building…
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