The act dictates that a certain percentage of electricity
produced in New Jersey be eventually generated through offshore
wind farms. It calls on the New Jersey Board of Public Utilities
(BPU) to develop an offshore renewable energy certificate (OREC)
program to facilitate the production of at least 1,100 megawatts
of offshore wind power. The legislation specifies the struggling
Paulsboro Marine Terminal, located on the Delaware River, as the
state hub for wind turbine manufacturing, thus creating green
jobs and an economic boon for New Jersey. The offshore turbines
would be positioned between 12 and 20 miles of the coast. Two
offshore wind development companies, Fisherman's Energy and
Deepwater Wind, already have plans to install wind power off New
Jersey shores. The OWEDA bill should help to solidify those
plans. As yet, however, no company has signed on to build a
turbine plant in New Jersey. But while there are no guarantees
that New Jersey will win out over other East Coast states, said
David Pringle of