b'july 27 - AugusT23, 2020breakbulk quarterly 15(BOOMcontinued from page 8) (STRATEGYcontinued fromport areas. Inland transport will haveand hydrogen production by electroly-the Northeast of the U.S. are prepar- page 13) a similar impact on the required infra- sis. A prerequisite however is that this ing for what could become one of therecentexperienceinseawardlandstructure,dependingtowhatextentindustry can share in the cost savings worlds great energy booms.reclamation is an important asset forroad transportation will be decarbon- inthetransmissionsystem,making Back in June, New Jerseys Gov- the consortium. izedbyelectrificationorbyotherthebusinesscasefortheseflexible ernorPhilMurphyannouncedthemeans,likehydrogen.Mostofthissolutions viable in ports first.Statesplanstobuildthefirstpur- e nergyS torAge additional electricity demand in portsFinally,thereportnotesthatthe pose-builtportforservingthebud- Raadschelders noted that the sur- willlikelyhavelittleflexibilitybylanding and storing of surplus electric-dingoffshorewindpowerindustry.plus of electricity generated by winditself. Benefits often allocated to elec- ity can not only power port operations The project dubbed The New Jerseyandsolarpowercannotbereadilytrification of road transport, such asandbatterypoweredtrucksbutsup-Wind Port would be located on Arti- stored on the grid but can be stored inpeakshavingtoavoidextracablingportrenewablepowergenerationfor ficial Island in a 200-plus-acre facilitybatteries. This will require a ramp upfor which there might be little space,warehouses and industries located near in Lower Alloways Creek Townshipof battery construction on an indus- willneedtocomefromadditionalthe port: Some ports are natural hubs inSalemCounty,nearthePSEGstrial scale. It is proposed to use windmeasures, such as batteries.for connecting offshore wind. Capac-(PublicServiceEnterpriseGroup)and solar power surplus to create theThelandingofimmensequan- ityconstraintsinthetransmission nuclearpowerplants.Theproject,electrolysisthatconvertswaterintotitiesofenergyfromoffshorewindnetworkswillmaketransportingthis the first of its kind in the nation, ishydrogen that powers hydrogen fuelfarms in the North Sea and the Balticenergy further inland a challenge. This designedtomakeNewJerseythecells as a storage for surplus electric- Seatoshorewillalsorequirehugemeans these ports are places where an capital for offshore wind power onityandafueltopowertrucksandinvestments. This applies not only forexcess of renewable energy caused by theU.S.EastCoast.Constructionships generating zero emissions. establishing the needed offshore gridoffshorewindwillbelikely.There-could begin as early as the first quar- Thereportdescribesthechal- and connections but also for the trans- fore, industrial areas near these ports ter of 2021, with the project estimatedlenges to ports: Within the port itself,missionofthisenergytothemainare possibly the first places to benefit tocostbetween$300millionandelectrificationofport-connectedelectricity system. fromexcessrenewablewindpower. $400 million activitiesthroughcoldironingandItmaybepossibletoavoidorConverting this power into hydrogen TheNJEDA(NewJerseyEco- electrifyingferriesandshort-rangereducecostsforinvestmentsinthe(as well as heat) through electrolysis nomicDevelopmentAuthority),theshipping will have a major impact ontransmission system through flexiblemight first become economically fea-principalStateorganizationforoff- therequiredelectricinfrastructure.solutions that use part of this energysible near ports, assuming industry can shorewinddevelopment,outlinedForexample,chargepolesmustbeat or near, the port. The most obviousbenefitfromtheproductshydrogen, that the construction is planned in twoinstalledandconnectedincrowdedapplicationsareopportunityheatingoxygen, heat. phases,beginningin2021.Phase1 will develop a 30-acre site to accom-modatemarshalingactivitiesanda 25-acre component manufacturing site. Phase 2 adds another 150-plus acres to accommodateexpandedmarshaling activities and extensive manufacturing facilities for turbine components, such as blades and nacelles.W inde nergyF UtUreSEvenbeforetheNewJersey WindPortpronouncement,Gov-ernor Murphy had a plan to develop offshore wind to meet the 7,500 mega-watt (MW) target by 2035 as part of a program to meet New Jerseys state goalsof50%renewableenergyby 2030 and a 100% clean energy econ-omy by 2050.ButtheNewJerseyprogramis partofanevenwidertrendasthe NortheastcorridorstatesfromNew England to the Mid-Atlantic, are bet-ting their energy futures on the devel-opment of offshore wind power. The US EIA (Energy Information Agency) believes Offshore wind is set to be a $1 trillion industry over the next two decades,butthepromiseofgrowth hingesongovernmentpoliciesand industry strategies.While the Trump Administration seems lukewarm at best to supporting windpower(andmostrenewables) at state level those strategies for off-shore wind are clear.In2019,NewYorksGovernor Andrew Cuomo, inked agreements for two offshore wind projects for nearly 1,700megawatts.Theagreements were an essential part of the New York state plan to mandate 9,000 megawatts of clean energy by 2035.Earlier this year, Virginia passed the Clean Econ-omy Act, requiring the state to eliminate allcarbonfromitselectricitysupply by 2045. The new legislation includes a5.2-gigawattoffshorewindtarget for 2034, putting Virginia behind only New York and New Jersey in current stateoffshorewindmandates.Virtu-allyevery AtlanticstatefromMaine to Virginia has their oar in the offshore wind business.Wood Mackenzie, an energy con-sultancy firm, forecasts that in 2024, offshorewindwillcompriseover athirdoftheyearswindcapacity installations in the U.S., increasing to close or even half of the wind build in each subsequent year to 2029.'