New Jersey Wind Port - J. Kennedy, New Jersey Economic Development Authority (US)
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New Jersey Wind Port - J. Kennedy, New Jersey Economic Development Authority (US)
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Presented at the OECD expert meeting "Construction Risk Management in Infrastructure Procurement: The Loss of Appetite for Fixed-Price Contracts", held on 17 May 2023 at the OECD, Paris and online.
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New Jersey Wind Port - J. Kennedy, New Jersey Economic Development Authority (US)
- 1. NEW JERSEY IS DEVELOPING THE NATION’S 1st PURPOSE-BUILT OFFSHORE WIND “HUB” ➢ Located in Salem County (Southern NJ) ➢ Purpose-built for OSW ➢ >220-acres at full scale – enabling “co-location” of marshalling and manufacturing ➢ State funded and delivered ➢ >1,500 ongoing jobs ➢ $500M increase to NJ’s GDP Further information is available at the NJ Wind Port website: https://www.nj.gov/windport/ Visual illustration
- 2. MANUFACTURING 25 acres Permits lodged. <30% design completion MANUFACTURING 65 acres Permits lodged. <30% design completion MANUFACTURING 25-30 acres Permits lodged. <30% design completion MARSHALLING 30-35 acres Permitted. In construction CDF/DREDGE PLACEMENT 35 acres Permits lodged. <30% design completion PORT ADMIN <5 acres Permits lodged. <30% design completion (2023 – 2027/28) (2021– 2025) MARSHALLING 30-35 acres Permits lodged. <30% design completion DEVELOPMENT IS BEING PHASED OVER 7 YEARS