New registry aims to connect N.J. wind energy industry with European companies

Gov. Phil Murphy announced a new supply chain registry to help boost the network of the offshore wind energy industry in the state by allowing companies in Europe, where offshore wind is established, to find offshore wind companies in New Jersey.

Murphy made the announcement Tuesday at an annual wind energy conference in New York City.

The free online portal will allow investors exploring offshore wind-related projects in New Jersey to find Jersey-based companies to partner with or purchase from, according to the governor.

“Developing a robust offshore wind industry is a key step to building a stronger, fairer New Jersey economy that provides good jobs and protects our environment for future generations,” Murphy said. “The offshore wind supply chain registry will facilitate the delivery of our offshore wind projects and ensure New Jersey companies are first in line for opportunities they create.”

The state is already soliciting its first round of bids for 1,100 megawatts, which is the first phase in the governor’s plan to reach 3,500 megawatts by 2030.

The portal is the result of collaboration with the Economic Development Authority, Board of Public Utilities and other agencies, including the Maryland-based nonprofit Business Network for Offshore Wind, which focuses on the supply chain network.

“We are excited to work with the NJEDA to open New Jersey up to more offshore wind opportunities,” said Liz Burdock, CEO and president of the Business Network for Offshore Wind. “Offshore wind is a rapidly-growing industry that will be a major economic driver for years to come. New Jersey’s proactive approach to establishing this portal will set an example for the rest of the country of how to build a robust wind economy that benefits local businesses and workers.”

The partnership with the EDA and the Business Network is allowing a typically closed registry to be open to the public, according to the governor’s statement Tuesday.

This, according to the BPU, will help New Jersey’s footing as it develops the new industry.

“Offshore wind is on the verge of becoming one of the biggest industries in the world, and New Jersey will be at the forefront of that trend,” said BPU President Joseph Fiordaliso. “This is a once-in-a-generation opportunity for New Jersey businesses and workers, and our leaders throughout the state are working together to make sure we take full advantage of the benefits this industry can bring to the Garden State.”

The EDA has set a goal of adding 650 New Jersey-based companies to the registry by mid-August.

“The lack of a comprehensive, searchable list of New Jersey-based offshore wind partners has been a consistent hurdle to unlocking offshore wind’s full potential to create new jobs and grow our economy,” said Brian Sabina, EDA senior vice president. “The offshore wind supply chain registry will be a powerful tool for attracting major offshore wind projects to New Jersey and connecting New Jersey-based companies with new opportunities.”

Read the full article here.