Gearing Up to 11 GW of Offshore Wind in NJ: BI Webinar
New Jersey has established an ambitious target of generating 11 gigawatts of electricity from offshore wind by 2040 as a cornerstone to meet its clean-energy goal by 2035. Utilities along the East Coast appear to have shifted their focus to onshore transmission to support offshore wind as higher-for-longer interest rates and supply-chain issues challenge projects' viability. New Jersey Economic Development Authority Director for Offshore Wind Dan Fatton and a panel of Bloomberg Intelligence analysts will explore the opportunities and risks that utilities and developers are facing in this sector.