To meet New Jersey's clean energy goals, and to implement Governor Phil Murphy's vision of making New Jersey a leading hub of offshore wind development, the Board of Public Utilities ("BPU" or "Board") hereby announces that it is soliciting Applications to secure Offshore Wind Renewable Energy Certificates ("ORECs") targeting at least 1,200 MW and up to approximately 4,000 MW of capacity. The Board reserves the right to award less than 1,200 MW or more than 4,000 MW of capacity if circumstances warrant. The Board seeks to promote robust competition in this Third Solicitation and future solicitations to support the continued development of the offshore wind industry in New Jersey.
Bidders will use this website to access information about the solicitation, including the controlling documents, and ask questions of the BPU.
The final BPU decision on this solicitation was announced on January 24, 2024.