GOV CHRISTIE’S WHITE HOUSE BID AND NJ OCEAN WIND

Christie's 2016 ambitions are stalling N.J. wind energy project, Sweeney says

Matt Friedman, January 26, 2015 (NJ.com)

“…Gov. Chris Christie's presidential ambitions are holding up a wind energy project his administration once championed…[according to State Senate President Stephen Sweeney…who is considered a likely 2017 Democratic candidate for governor…[T]he Senate Environment and Energy Committee voted 4-1 to approve a bill (S2711) that would force the Board of Public Utilities to approve a proposal for a wind farm off the coast of Atlantic City that it has rejected twice…Sweeney also complained that the BPU has also been slow to issue regulations on wind energy, even though Christie signed a 2010 law intended to jump start the industry in New Jersey…At issue is the proposed 25-megawatt Fishermen's Energy wind project, which would consist of turbines about three miles off the coast of the resort…In rejecting the project most recently in November, the BPU — whose members are nominated by Christie and approved by the state Senate — said it ‘has not demonstrated financial integrity.’…Environmentalists and Democrats said the BPU was making excuses to hold the program up…The BPU evaluated the plan with a price of $263 per megawatt hour. But Fishermen's Energy said that was a much higher figure than it proposed, which was $199.17. It has appealed the decision…” click here for more

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