New Jersey launches $300M-$400M wind port initiative
New Jersey – Gov. Phil Murphy announced plans to develop a $300 million to $400 million wind port that will provide a location for staging, assembly, and manufacturing activities related to offshore wind projects on the East Coast.
The New Jersey Wind Port will be located in Lower Alloways Creek Township, on an artificial island on the eastern shores of the Delaware River, southwest of the city of Salem.
Construction is planned in two phases, beginning in 2021. The first phase will develop a 30-acre site to accommodate marshalling activities and a 25-acre component manufacturing site. Phase 2 will add another 150-plus acres for expanded marshalling activities and manufacturing facilities for turbine components.
The New Jersey Economic Development Authority (NJEDA) is leading development of the wind port and is considering a range of financing options, including public-private partnerships (P3s).
Murphy said the port would serve as a major step forward in achieving the state goal of 7,500 megawatts of offshore wind power by 2035 and 100 percent clean energy by 2050.