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The New Jersey Board of Public Utilities has announced it has updated the timeline for issuing the Third Solicitation for New Jersey’s Offshore Wind development. The Board will release the Third Solicitation by January 2023, rather than the previously anticipated September 2022.

The updated timeline complements the first-of-its-kind coordinated transmission solution to get offshore wind generated energy to New Jersey customers.  The transmission solution will be selected from 80 projects submitted by transmission developers for consideration in the State Agreement Approach (SAA) process. The SAA is a collaboration between the NJBPU and PJM Interconnection, LLC (PJM) that enables New Jersey’s offshore wind goal to be incorporated into the PJM transmission planning process. The updated schedule allows for the SAA process to be completed and the outcome incorporated into the Third Solicitation guidance documents.

In addition, the updated schedule will allow the developers who successfully bid for new lease areas in the New York Bight time to further plan the investigation and subsequent development of their lease areas.
 
Solicitations 4 and 5 will remain on schedule as previously announced. The solicitation schedule will be as follows:
 

Solicitation

Capacity Target (MW)

Capacity Awarded (MW)

Issue Date

Submittal Date

Award Date

Estimated COD

1

1,100

1,100

Q3 2018

Q4 2018

Q2 2019

2024-25

2

1,200 – 2,400

2,658

Q3 2020

Q4 2020

Q2 2021

2027-29

3

1,200

 

Q1 2023

Q2 2023

Q4 2023

2030

4

1,200

 

Q2 2024

Q3 2024

Q1 2025

2031

5

1,342

 

Q2 2026

Q3 2026

Q1 2027

2033

Total Awarded + Target

7,500

 

 

   
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