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Ørsted US Offshore Wind
Ørsted U.S. Offshore Wind is an offshore wind energy development group that is affiliated with Ørsted, a Danish firm. It is joint headquartered in Boston, Massachusetts and Providence, Rhode Island. As of 2019, it was involved in some of the largest offshore wind farm projects in the United States. Deepwater Wind Incorporated as Deepwater Wind, LLC of Providence, Rhode Island, the company's major investors include First Wind, a developer of land-based wind projects in the United States; D.E. Shaw & Co., a capital investment firm with energy sector experience; and Ospraie Management, an asset management firm interested in alternative energy markets. It was acquired by Ørsted in 2019. In November 2017, Deepwater Wind pledged to fund a $1 million commitment towards the University of Massachusetts Dartmouth's School for Marine Science and Technology (SMAST) and the Massachusetts Marine Fisheries Institute (MFI). The funding went towards Blue Economy Initiative, a project led by ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Megawatt
The watt (symbol: W) is the unit of power or radiant flux in the International System of Units (SI), equal to 1 joule per second or 1 kgâ‹…m2â‹…s−3. It is used to quantify the rate of energy transfer. The watt is named after James Watt (1736–1819), an 18th-century Scottish inventor, mechanical engineer, and chemist who improved the Newcomen engine with his own steam engine in 1776. Watt's invention was fundamental for the Industrial Revolution. Overview When an object's velocity is held constant at one metre per second against a constant opposing force of one newton, the rate at which work is done is one watt. : \mathrm In terms of electromagnetism, one watt is the rate at which electrical work is performed when a current of one ampere (A) flows across an electrical potential difference of one volt (V), meaning the watt is equivalent to the volt-ampere (the latter unit, however, is used for a different quantity from the real power of an electrical ci ...
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New Jersey
New Jersey is a U.S. state, state in the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. It is bordered on the north and east by the state of New York (state), New York; on the east, southeast, and south by the Atlantic Ocean; on the west by the Delaware River and Pennsylvania; and on the southwest by Delaware Bay and the state of Delaware. At , New Jersey is the List of U.S. states and territories by area, fifth-smallest state in land area; but with close to 9.3 million residents, it ranks List of U.S. states and territories by population, 11th in population and List of U.S. states and territories by population density, first in population density. The state capital is Trenton, New Jersey, Trenton, and the most populous city is Newark, New Jersey, Newark. With the exception of Warren County, New Jersey, Warren County, all of the state's 21 counties lie within the combined statistical areas of New York City or Delaw ...
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Atlantic City, New Jersey
Atlantic City, often known by its initials A.C., is a coastal resort city in Atlantic County, New Jersey, United States. The city is known for its casinos, Boardwalk (entertainment district), boardwalk, and beaches. In 2020 United States census, 2020, the city had a population of 38,497. 0 Â°C), at least four months with an average mean temperature ≥ 50 Â°F (≥ 10 Â°C), at least one month with an average mean temperature ≥ 72 Â°F (≥ 22 Â°C) and no significant precipitation difference between seasons. During the summer months in Atlantic City, a cooling afternoon sea breeze is present on most days, but episodes of extreme heat and humidity can occur with heat index values ≥ 95 Â°F (≥ 35 Â°C). During the winter months, episodes of extreme cold and wind can occur with wind chill values < 0 Â°F (< −18 Â°C). The plant hardiness zone at Atlantic City Beach is 8a with an average annual extreme minimum air temperature of 11  ...
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Nautical Miles
A nautical mile is a unit of length used in air, marine, and space navigation, and for the definition of territorial waters. Historically, it was defined as the meridian arc length corresponding to one minute ( of a degree) of latitude. Today the international nautical mile is defined as exactly . The derived unit of speed is the knot, one nautical mile per hour. Unit symbol There is no single internationally agreed symbol, with several symbols in use. * M is used as the abbreviation for the nautical mile by the International Hydrographic Organization. * NM is used by the International Civil Aviation Organization. * nmi is used by the Institute of Electrical and Electronics Engineers and the United States Government Publishing Office. * nm is a non-standard abbreviation used in many maritime applications and texts, including U.S. Government Coast Pilots and Sailing Directions. It conflicts with the SI symbol for nanometre. History The word mile is from the Latin word for ...
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Wind Power In New Jersey
Wind power in New Jersey is in the early stages of development. As of 2022, New Jersey has just six wind turbines, but the state has plans to develop several major offshore wind projects on the continental shelf of the Atlantic Ocean off the southern Jersey Shore. Legislation has been enacted to support the industry through economic incentives and to permit wind turbines on existing piers. In October 2010, the North American Offshore Wind Conference was held in Atlantic City, site of the US's first on-shore coastal facility. New Jersey is part of the Atlantic Offshore Wind Energy Consortium. As of 2013, 9MW were produced by wind power. Despite incentives to spur the industry in the state, development initially lagged with the cancellation of the planned Fisherman's Energy offshore wind project. In 2018, New Jersey Governor Phil Murphy signed an executive order to revive subsidies for wind power in the state. In September 2018, the state began to solicit bids for projects offshor ...
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Ocean Wind
Ocean Wind is a proposed utility-scale offshore wind farm to be located on the Outer Continental Shelf approximately off the coast of Atlantic City, New Jersey. It is being developed by Ørsted US Offshore Wind in conjunction with Public Service Enterprise Group (PSE&G). Construction is planned to begin in the early 2020s; expected commissioning is in 2024. The closed Oyster Creek Nuclear Generating Station and B.L. England Generating Station would provide transmission points for energy generated by the wind farm. At 1,100 MW, it will be the largest producer of wind power in New Jersey and largest offshore wind farm in the United States. Background In the United States, federal waters commence 3 nautical miles offshore. The U.S. Bureau of Ocean Energy Management awarded leases for offshore wind sites in 2015. NJWEA South is offshore Atlantic County and Cape May County, where the ocean floor is deep. The rights were later acquired by DONG Energy, which became Ørsted, paren ...
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CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercial An infomercial is a form of television commercial that resembles regular TV programming yet is intended to promote or sell a product, service or idea. It generally includes a toll-free telephone number or website. Most often used as a form of dire ...s, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, G ...
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Rhode Island
Rhode Island (, like ''road'') is a state in the New England region of the Northeastern United States. It is the smallest U.S. state by area and the seventh-least populous, with slightly fewer than 1.1 million residents as of 2020, but it is the second-most densely populated after New Jersey. It takes its name from the eponymous island, though most of its land area is on the mainland. Rhode Island borders Connecticut to the west; Massachusetts to the north and east; and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is its capital and most populous city. Native Americans lived around Narragansett Bay for thousands of years before English settlers began arriving in the early 17th century. Rhode Island was unique among the Thirteen British Colonies for being founded by a refugee, Roger Williams, who fled religious persecution from the Massachusetts Bay Colony to establis ...
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Megawatt
The watt (symbol: W) is the unit of power or radiant flux in the International System of Units (SI), equal to 1 joule per second or 1 kgâ‹…m2â‹…s−3. It is used to quantify the rate of energy transfer. The watt is named after James Watt (1736–1819), an 18th-century Scottish inventor, mechanical engineer, and chemist who improved the Newcomen engine with his own steam engine in 1776. Watt's invention was fundamental for the Industrial Revolution. Overview When an object's velocity is held constant at one metre per second against a constant opposing force of one newton, the rate at which work is done is one watt. : \mathrm In terms of electromagnetism, one watt is the rate at which electrical work is performed when a current of one ampere (A) flows across an electrical potential difference of one volt (V), meaning the watt is equivalent to the volt-ampere (the latter unit, however, is used for a different quantity from the real power of an electrical ci ...
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Nameplate Capacity
Nameplate capacity, also known as the rated capacity, nominal capacity, installed capacity, or maximum effect, is the intended full-load sustained output of a facility such as a power station,Energy glossary
''''. Retrieved: 23 September 2010.
Glossary
'' Nuclear Regulatory Commission'', 2 August 2010. Retrieved: 23 September 2010.
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Bureau Of Ocean Energy Management
The Bureau of Ocean Energy Management (BOEM) is an agency within the United States Department of the Interior, established in 2010 by Secretarial Order. The Outer Continental Shelf Lands Act (OCSLA) states: "...the outer Continental Shelf is a vital national resource reserve held by the Federal Government for the public, which should be made available for expeditious and orderly development, subject to environmental safeguards, in a manner which is consistent with the maintenance of competition and other national needs." BOEM and its sister agency, the Bureau of Safety and Environmental Enforcement are the agencies to which this responsibility is delegated. They exercise the oil, gas, and renewable energy-related management functions formerly under the purview of the Minerals Management Service (MMS). Specifically, BOEM activities involve resource evaluation, planning, and leasing. Directors The agency's first director, serving from June 2010 to May 2014, was Tommy Beaudreau. ...
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