25 MW offshore wind project in New Jersey under official review

The New Jersey Board of Public Utilities has accepted the application tendered by EDF Renewables and Fishermen’s Energy for the 25 MW Nautilus Offshore Wind project. The agency will review the project  over the next few months and make a decision on whether to approve it for construction. 

The project is expected to comprise the installation of three wind turbines approximately 4.5km east of the coastline of Atlantic City and could be complete as soon as 2020. It would employ the equivalent of 600 workers for a year during construction as well as additional jobs during operations and maintenance.

It’s estimated that for the average New Jersey electric consumer, the additional cost of power will amount to about US$1.76 per year, which is less than the price of a cup of coffee. In return, an independent analysis showed that Nautilus is expected to increase New Jersey’s total economic output by US$150 million with construction by 2020. Maintaining the offshore wind project could add US$16 million annually for the state, with a projected economic and environmental net benefit of $235 million.