Community Offshore Wind_New Jersey is a 1,314MW offshore wind power project. It is planned in Atlantic Ocean, New Jersey, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2026 and is expected to enter into commercial operation in 2030. Buy the profile here.

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Description

The project is being developed and currently owned by National Grid and RWE Renewables. The owners have 50% stake in the project respectively.

The project is expected to supply enough clean energy to power 500,000 households.

Development status

The project construction is expected to commence from 2026. Subsequent to that it will enter into commercial operation by 2030.

For more details on Community Offshore Wind_New Jersey, buy the profile here.

About National Grid

National Grid Plc (National Grid) is an energy utility, which transmits and distributes electricity and natural gas. The company owns and operates electricity and gas transmission and distribution networks, and also serves as a transmission owner and system operator. It provides installation and maintenance services to electricity metering and LNG suppliers; develops and operates electricity interconnectors and carries out LNG storage; and insurance and corporate activities. National Grid operates an energy monopoly entity regulated by Ofgem. It also builds sub-sea electricity interconnectors to join the UK to renewable energy on the continent. The company has operations in the UK and North Eastern US. National Grid is headquartered in London, England, the UK.

About RWE Renewables

RWE Renewables GmbH, a renewable company that engaged in the operation of wind farms, photovoltaic plants and battery storage facilities. The company is headquartered in Essen, Germany.

This content was updated on 22 April 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.