The history
Fishermen’s Energy proposed a 24-megawatt, six-turbine demonstration project three miles off the coast of Atlantic City. In 2014, the U.S. Department of Energy awarded the company a $47 million grant, with the stipulation that it secure a power purchaser before the end of 2016.
The company failed to finalize an agreement in time, and the grant was rescinded. The BPU had also denied Fishermen’s Energy application two times, citing the high cost of its energy to the ratepayer.
Good news
However, in the last few days, good news came from Atlantic City. A bill to restart the Fishermen’s Energy wind farm project for the ocean off Atlantic City passed an Assembly committee Thursday and now moves to the full Assembly.
It would require the state Board of Public Utilities to open a 90-day period for the submission of an amended application for a wind energy project in state waters offshore of Atlantic City.
While Fisherman’s Energy is not mentioned by name, it is the only such wind project that meets the criteria of the bill, A-2485, sponsored by Vince Mazzeo and John Armato, D-Atlantic; and Wayne DeAngelo, D-Mercer, Middlesex.
The six wind turbines project in Atlantic City can start in fall
“We have been quiet, but maintained our permits and our relationships,” the attorney and Fishermen’s Energy’s chief operating officer Paul Gallagher said. “This project is fully permitted and ready to build.”
The company is ready and If it all moves quickly at the BPU, Mr. Gallagher confirmed the project could begin in the fall.
Thoughts?
Is this good for Atlantic City? Do you believe the project will go ahead soon? Any comments or insights, let us know below!
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