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Transactions - OCTOBER 28, 2021

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PSEG and Ørsted submit joint proposals for offshore wind transmission in New Jersey

by Kali Persall

PSEG and Ørsted have submitted several joint proposals for offshore wind transmission — collectively named Coastal Wind Link — into the PJM State Agreement Approach Proposal Window, to support New Jersey’s clean energy goals.

The joint proposals are designed to deliver thousands of megawatts of offshore wind energy into the state.

The Coastal Wind Link proposals encompass individual and networked solutions and would ensure New Jersey has a clear path to connect to the offshore wind energy coming online during the next decade, while minimizing environmental impacts along New Jersey’s coastline. The companies said the proposals will use existing PSEG infrastructure in New Jersey to expedite development and enhance constructability.

“We applaud New Jersey for setting aggressive clean energy goals and recognizing the need to continue to ensure a reliable, resilient energy system that also enables the state’s clean energy future,” said Lathrop Craig, v

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