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Anbaric confronts regulators in quest to create subsea transmission highway
S&P Global: Wakefield, Mass.-based Anbaric Development Partners LLC has proposals before the Bureau of Ocean Energy Management to create open-access transmission networks to connect offshore wind generators to onshore electric grids from New England to New York and New Jersey. The company has run into regulatory snags in its efforts to build a subsea transmission highway and is pushing back against plans under which East Coast states and the PJM Interconnection have asked that transmission infrastructure be bundled with generation projects, thus preventing an independent developer such as Anbaric from creating a standalone transmission project not tied to an individual generator.
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