LS Power Grid Unveils Plans to Connect Offshore Wind Power into New Jersey’s Ons… – Press Release

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  • NJ-Based Company’s Proposals are at least $1 Billion Less Than Competitors
  • Superior Technology, Planning Will Strengthen NJ’s Aging Electrical Grid
  • Significant Benefits for State Economy, Local Labor and Local Communities
  • Environmentally Sensitive Planning Will Protect Ocean, Beaches, Communities
  • Exceptional Track Record on Delivering Major Energy Projects On Time, On Budget

EAST BRUNSWICK, N.J., March 22, 2022 /PRNewswire/ — LS Power Grid, a leading electric transmission company, today presented its plans to bring power generated from New Jersey offshore wind farms into the state’s onshore electrical grid. Responding to the state’s request for proposals on this initiative, the company’s plans – which are at least $1 billion less expensive than competing proposals – were shared publicly today for the first time during a meeting hosted by the New Jersey Board of Public Utilities (NJBPU).

“How we transport energy is just as important as how we generate it,” said Lawrence Willick, executive vice president of New Jersey-based LS Power, parent of LS Power Grid. “As such, we’re pleased to present our proposals, which offer the best value, quality and technology to support New Jersey’s ambitious clean energy goals, while protecting the environment, adding essential resiliency and reliability to the state’s aging energy infrastructure, and providing essential benefits to the state’s economy, local labor and our local communities.”

LS Power Grid’s proposals, which the company collectively calls “Clean Energy Gateway,” include multiple alternatives and options designed to integrate offshore wind power into the state’s electrical grid. The company’s proposals:

  • use alternating current (AC) technology and extend the AC grid into the Atlantic, which will integrate offshore wind power in the most economic manner, while enhancing the resiliency and reliability of the state’s aging…

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