in News Departments > New & Noteworthy
print the content item

Despite receiving a harsh blow from New Jersey regulators in March, offshore wind developer Fishermen's Energy is showing more signs that it intends to keep pushing forward with its 25 MW Atlantic City demonstration project.

Officials and engineers from Fishermen's, XEMC-Darwind in the Netherlands and XEMC in China recently visited the $100 million U.S. Department of Energy (DOE)-funded turbine test facility at Clemson University in South Carolina. Fishermen’s Energy says it plans to utilize the facility to test and pre-commission the XEMC 5 MW offshore wind turbine.

The developer proposes to install five direct-drive XEMC-Darwind XD115 5 MW machines at its Atlantic City project and says it hopes to finalize an agreement in four to six weeks and start testing in the second quarter of 2015.

“It gives us the opportunity to test, commission and fine-tune the turbine on land and make any adjustments that may be required before installation in the ocean,” says Paul Gallagher, Fishermen’s chief operating officer and general counsel. “We expect the testing to validate that this state-of-the-art turbine will come online quickly and perform as expected.”

In March, the New Jersey Board of Public Utilities (BPU) issued an order rejecting the Fishermen's project application. The BPU's approval would have allowed the developer to use state offshore renewable energy certificates (ORECs) as a funding mechanism, but the regulators ruled that the project would cost ratepayers too much. Furthermore, the board cited concerns regarding the developer’s decision to switch turbine suppliers several times.

Earlier this month, Fishermen’s asked the BPU to reconsider its decision and claimed that the regulators mistakenly based the decision on a $263/MWh OREC price when the actual proposed price was $199.17/MWh. If the board does not approve the proposal, the developer says it plans to appeal to the New Jersey Superior Court for a full hearing, which could take 12 to 14 months.

“We are extremely optimistic about our opportunity for success in the appellate court,” says Gallagher.

In addition, Fishermen’s Energy says it has made a final presentation to the DOE for a follow-up offshore wind grant. The developer was one of seven companies to receive initial DOE funding in 2012 and is now competing for a $47 million grant. Fishermen’s says it expects the DOE to make its final decision in May.



Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Hybrid Energy Innovations 2015
Canwea_id1984
Renewable NRG_id1934