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NJBPU Virtual Stakeholder Meeting – Fourth OSW Solicitation

March 20 @ 1:00 pm - 3:00 pm

STAKEHOLDER MEETING

DATE: March 20, 2024

TIME: 1:00 p.m. Eastern Time to 3:00 p.m. Eastern Time

LOCATION: Zoom Virtual Webinar

REGISTER (you must register by March 17): https://us06web.zoom.us/webinar/register/WN_x2XnuGEgQLyQOkSvLCelvA

 

Solicitation sought a desired OSW capacity target of 1,200 MW to 4,000 MW. By two (2) Board Orders, each dated January 24, 2024, the Board awarded two (2) of New Jersey’s largest OSW
projects to date, the 1,342 MW Attentive Energy Two project and the 2,400 MW Leading Light Wind project. The Board awarded these projects the full SAA capability of the Larrabee Tri-Collector solution.

On October 25, 2023, the Board rejected the Prebuild Infrastructure (“PBI”) proposals that were submitted as part of the Third Solicitation, finding that the PBI being awarded to a developer who also receives an award as a Qualified Offshore Wind Project represented an unreasonable risk to New Jersey ratepayers and directed Board staff to develop a separate PBI solicitation.

On November 17, 2023, the Board issued a PBI Solicitation and the Prebuild Solicitation Guidance Document in which it “explained that the Prebuild envisioned a single construction effort to install the necessary Duct Banks and associated access Cable Vaults to house transmission Conduits for future use of up to four (4) OSW Qualified Projects, thereby enabling these projects
to access the wholesale transmission system.” Any project awarded through the PBI Solicitation will be submitted to PJM for incorporation into PJM’s regional transmission expansion plan
(“RTEP”), and will also be submitted for cost recovery through the cost allocation provisions for Public Policy Projects, approved by FERC. The Prebuild Solicitation Application Submission
Deadline is April 3, 2024, and an award is expected in Q3 2024.

The stakeholder meeting for the Fourth Solicitation will be held at the following date and time, and in the following manner:
Please note that the meeting will be conducted virtually. You must register before attending

the meeting at least 48 hours prior to the scheduled date. Stakeholders and members of the public may participate after registering by utilizing the link or dial-in information set forth above
and may express their views. In order to encourage full participation, please submit any requests for needed accommodations, such as interpreters and/or listening assistance, at least
48 hours prior to the above meeting date to the Secretary of the Board at board.secretary@bpu.nj.gov.

If you wish to reserve a speaking opportunity, please designate this during the online registration process. After registering, you will receive a confirmation email containing information about joining the meeting and information about checking your system requirements in advance of the meeting. Please check your access devices in advance of the meeting to ensure that they will properly connect.

Questions on this stakeholder process may be directed to Kira Lawrence at kira.lawrence@bpu.nj.gov.

For more information, please click here to view the public notice.