The Obama administration is working to fast-track wind farms off the coast of New Jersey, with plans to allow wind-energy developers into the area by the end of the year.
As WSJ’s Ryan Tracy reported Friday, the leases to develop offshore wind turbines in New Jersey would be the first under a program designed to speed the development process. A section of coastal Maryland is also included in the plan, and the Delaware and Virginia coasts could be next. The U.S. doesn’t yet have any turbines offshore.
The move to speed wind-farm development off New Jersey will still take years to pay off:
“There’s a whole lot more work ahead of us to get the project in the water,” said Jeffrey Grybowski, chief administrative officer for Deepwater Wind, which is backing a wind farm off New Jersey’s coast with Public Service Enterprise Group Inc. The goal is to bring the wind farm online by 2017, Mr. Grybowski said.