The submission is in response to
PJM Interconnection's April solicitation for delivery of offshore wind energy to the New Jersey power grid. New Jersey is aiming for 7.5 GW of installed offshore wind capacity by 2035. (Source: Anbaric Development Partners, Sept., 2021)
Contact: Anbaric Development Partners, (781) 683 0711, www.anbaric.com; New Jersey Board of Public Utilities, 800-624-0241, www.bpu.stste.nj.us
More Low-Carbon Energy News Anbaric Development Partners, Offshore Wind, New Jersey Board of Public Utilities,
The facility, with a 1,200-MW high-voltage direct current converter and 400 MW of battery storage capacity, will serve as the "plug-in" between offshore wind turbines and the power grid from which local homes and buildings receive electricity. Between the 1,200 watts being converted onsite and the energy being stored, the facility's output would be "comparable" to a peak of 1,600 MW.
Anbaric estimates the project will come in at roughly $645 million.
Anbaric Development Partners creates new entities that transform old energy systems into more effective and resilient ones with an emphasis on clean energy. The company's financial partner is the Ontario Teachers' Pension Plan, a $189 billion public pension fund, according to the company website.
(Source: Anbaric Development Partners, Providence Journal, 13 May, 2019) Contact: Anbaric Development Partners, Edward Krapels, CEO, (781) 683 0711, www.anbaric.com
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The new proposal includes project size options of 400 MW, 800 MW, and 1,200 MW -- with the 1,200 MW project described by the company as "the most cost-effective option for New York ratepayers and one of the largest offshore wind projects in the world."
The proposed project would be sited 85 miles offshore from the nearest New York shoreline and be sub-sea connected to an existing Long Island substation. Vineyard Wind is collaborating with Wakefield, Massachusetts-based transmission developer Anbaric Development Partners.
Vineyard Wind is an offshore wind development company 50 pct owned by funds of Copenhagen Infrastructure Partners and 50 pct owned by Avangrid Renewables, part of the IBERDROLA Group.
(Source: CleanTechnica, 15 Feb., 2019) Contact: Vineyard Wind, Lars Thaaning Pedersen, CEO ,(508) 717-8964, www.vineyardwind.com;
Anbaric, Ed Krapels, CEO, (781) 683 0711, www.anbaric.com; NYSERDA, Alicia Barton, Pres., CEO, (518) 862-1090, www.nyserda.ny.gov
More Low-Carbon Energy News NYSERDA, Vineyard Wind, Wind, Offshore Wind,