As the preferred developer, Garden State Offshore Energy (GSOE), a joint venture of the Public Service Enterprise Group (PSEG) Renewable Generation and Deepwater Wind, will proceed with evaluation of the project’s environmental impacts and wind resources quality as well as begin the permitting process at both the state and federal levels.

GSOE’s proposal calls for 96 wind turbines arranged in a rectangular grid 16 to 20 miles off the coast of Cape May and Atlantic counties. The wind farm could begin generating energy in 2012 with the entire project operational in 2013.

The New Jersey Energy Master Plan calls for 20% of the state’s New Jersey’s energy to come from renewable sources by 2020, a major portion of which is envisioned to be from offshore wind.

Ralph Izzo, chairman, CEO and president of PSEG, said: PSEG believes that to meet the challenges of climate change, we need to move forward in three areas, expanding energy efficiency and conservation, investing in renewables and planning for additional clean central station power.