Developers Plan Wind Farms Off Jersey as Christie Era Ends

From Bloomberg

After years of being sidelined by New Jersey Governor Chris Christie, wind farm developers are dusting off plans for massive offshore turbines that may someday generate more electricity than a nuclear reactor.

Christie, a Republican whose term ends in January, effectively blocked wind farms off his state’s coast by never fully implementing a program that would subsidize the projects. Both of the leading candidates to replace him have pledged support for the industry, opening the door for developers to push toward construction.

The move presents a potentially rich market for offshore wind. New Jersey is the most densely populated U.S. state, and its power prices are among the highest in the nation. It’s also geographically positioned midway between offshore wind development sites in New England and the Southeast, making the state a potential hub for ferrying supplies to build projects in other states.

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