The largest offshore wind project ever approved in New Jersey has about three months to get its act together after the state Board of Public Utilities on Wednesday allowed an energy company to delay making key regulatory filings.
Leading Light Wind, a partnership of Invenergy and co-developer energyRe, asked the board this summer to pause its project while it shops for turbines, the engines that help turn wind into electricity. Details of that delay request were first reported by POLITICO.
Details: The board’s permissiveness appears limited, though. It’s giving the company time to find new turbines — not a new deal or more money. The board did not signal that it was open to renegotiating the price ratepayers would have to pony up for the clean energy at the centerpiece of Democratic Gov. Phil Murphy’s climate change goals.
“We look forward to them delivering on their project, which will help grow our clean energy workforce and contribute to the clean energy generation for the state,” board President Christine Guhl-Sadovy said during the Wednesday board meeting.
