in News Departments > New & Noteworthy
print the content item

The New Jersey Board of Public Utilities (BPU) has denied Fishermen's Energy's motion for reconsideration, and the offshore wind developer now plans to take its appeal to court.

"We are disappointed in this decision, but not surprised," states Paul Gallagher, Fishermen's chief operating officer and general counsel.

In March, the BPU rejected the developer’s application, ruling that the proposed project would cost ratepayers too much. Fishermen’s plans to build a 25 MW offshore wind demonstration project off the Atlantic City coast, and the BPU's approval would have allowed the developer to use state offshore renewable energy certificates (ORECs) as a funding mechanism.

Earlier this month, Fishermen’s asked the BPU to reconsider its decision and claimed that the regulators mistakenly based the decision on a $263/MWh OREC price when the actual proposed price was $199.17/MWh.

Further complicating matters, Fishermen’s was one of seven companies to receive an offshore wind grant from the U.S. Department of Energy (DOE) in 2012 and is now competing for a $47 million follow-up grant. The developer says it expects the DOE to make its final decision in May.

“The [BPU] clearly did not see the value in waiting for the Department of Energy to announce its pending decision of awardees for its Phase II grants for demonstration offshore wind projects, even though lack of certainty of federal funding, especially the DOE grant, was the BPU’s stated reason for denial,” comments Rhonda Jackson, Fishermen’s director of communication.

Now that the BPU has dismissed the Fishermen’s motion, the developer plans to file its appeal in court.

“Today’s perfunctory NO vote by the BPU is the last step leading to our formal legal appeal,” says Gallagher. “We are grateful New Jersey has an independent judiciary and look forward to having the merits of our application finally heard in the Appellate Division. We expect to be vindicated by the courts and to build the first offshore wind farm off of New Jersey, one that still could be the first in the United States.”


Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
UnitedEquip_id1995
Future Energy_id2008