The US Federal Energy Regulatory Commission (FERC), the agency charged with regulating interstate electricity transmission and wholesale markets, has given final approval to New Jersey’s request for development of an offshore wind grid, paving the way for the managed integration of the state’s 7.5GW 2035 goal for the fast-emerging sector.
The ruling comes a year after the New Jersey Board of Public Utilities (BPU) and regional transmission operator PJM initiated a competitive
