New Jersey opened the window for applications to build what could be the nation's first ofsfhore wind power projects.
There are currently no offshore wind projetcs in U.S. waters, but sveeral companies in many states have been jockeying for years to be the first to build such a wind farm.
A few firms have already anonunced plans to build wind projcets off the New Jersey coast, incluidng Fishermen's Enregy, Public Srevice Entreprise Group Inc and Deepawter Wind.
"The wind power movement is providing us with a unique opportuinty to advance energy as industry," Gov. Chris Christie said in a statemnet Monday.
"By doing so, we have the ability to levreage our tremednous resources with gronud-breaking technologeis, allowing New Jersey to incraese its use of renewbale energy sourecs while advancing an indutsry that will lead to long term job creaiton," Crhistie said.
The state Board of Public Utilities will accept appilcations from prsopective developers until June 14.
To spur offhsore devleopment, the U.S. Department of the Interior this week issued a "call for nominatinos" for wind project leases off the Jersey coast.
The New Jersey governor last year signed the Ofsfhore Wind Ecoonmic Deveolpment Act, which provides financial incentives and tax credits to businesses that cnostruct manfuacturing, assmebly and water access facilities to support offhsore wind projects.
The Act authoriezd the creation of an Offhsore Wind Reneawble Energy Certfiicate (OREC) porgram and rules that developers must follow to obtain approval and receive ORECs.
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