New Jersey BPU to Hire Offshore Wind Expert

New Jersey Board of Public Utilities (BPU) is planning to hire an outside consultant to advise on offshore wind development.

The expert would consult on state regulation, four year in delay from being adopted, needed for offshore wind development, writes New Jersey Spotlight.

The regulation would define financing mechanism through which utility customers would fund the projects.

New Jersey has set goals to develop 1.1GW of offshore wind capacity by 2020, which is, due to delay, unlikely to be achieved.