The US regional transmission firm PJM Interconnection and the New Jersey Board of Public Utilities (NJBPU) have signed an settlement that opens the trail in direction of New Jersey’s second offshore wind transmission tender. The settlement was filed with the Federal Vitality Regulatory Fee (FERC) on 2 February.
PJM and NJBPU’s new collaboration is the subsequent section of the State Settlement Strategy (SAA 2.0), after New Jersey procured a transmission resolution to attach 7.5 GW of offshore wind power in 2022 beneath its first SAA with PJM (SAA 1.0) and have become the primary US state to utilise this method.
“The continued collaboration between PJM and New Jersey by way of the State Settlement Strategy underscores PJM’s dedication to reliably and cost-effectively facilitating states’ renewable power coverage objectives,” mentioned PJM President and CEO Manu Asthana. “PJM’s aggressive planning course of permits for inventive options to advanced infrastructure challenges. New Jersey has been a frontrunner on this method and could be a template for different states pursuing their particular person power insurance policies.”
The doc now filed with the FERC is the SAA 2.0 Research Settlement, which permits New Jersey to provoke a PJM examine that examines whether or not an built-in suite of open-access transmission services designated to assist the supply of offshore wind may greatest facilitate assembly New Jersey’s expanded offshore wind objectives in an economically and environmentally environment friendly and well timed method, in line with NJBPU.
The examine settlement will take into account the interconnection of an extra 3.5 GW of offshore wind power capability to succeed in 11 GW by 2040, a goal set beneath an govt order signed by New Jersey Governor Phil Murphy in 2022.
In response to the doc, “(…) NJBPU workers recognized a number of attainable choices to be explored by way of the aggressive proposal window course of to be run by PJM, together with onshore substations, offshore substations with connections to onshore substations, and offshore spine transmission strains connecting a number of offshore wind initiatives.”
The SAA 2.0 Research Settlement was signed after NJBPU issued the SAA 2.0 Request Order on 26 April 2023, requesting PJM conduct a aggressive solicitation for offshore wind transmission services in line with sure New Jersey-requested specs.
PJM will first carry out an informational examine that evaluates the injection of the extra 3.5 GW of offshore wind era capability, creating situations that can enable the NJBPU to optimise the grid connection factors to offer the best worth for its necessities. After receiving the examine, the NJBPU should notify PJM of the particular quantity of functionality and desired injection factors to be included within the aggressive window and will request that PJM open the SAA 2.0 proposal course of, in line with the file submitted to FERC.
New Jersey held three auctions for offshore wind to date, procuring 7.4 GW of era capability.
In 2019, the state awarded a contract to Ørsted’s 1.1 GW Ocean Wind undertaking, which the developer lately cancelled on account of extra provider delays impacting the undertaking schedule.
In 2021, the second solicitation resulted within the largest mixed award of two.6 GW of offshore wind capability to EDF/Shell’s Atlantic Shores Offshore Wind and Ørsted’s Ocean Wind 2 initiatives.
In January this 12 months, New Jersey procured two new offshore wind initiatives totalling 3,742 MW. In its third offshore wind solicitation, New Jersey has chosen Main Gentle Wind (2,400 MW), developed by Invenergy and energyRE, and Attentive Vitality Two (1,342 MW), developed by a three way partnership between TotalEnergies and Corio Era.
On 29 November 2023, New Jersey Governor Phil Murphy directed the New Jersey Board of Public Utilities (NJBPU) to launch the fourth offshore wind solicitation in early 2024, as an alternative of the third quarter of this 12 months, accelerating the schedule of the fourth solicitation and the state’s transfer to reaching its offshore wind targets.
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