Google-backed venture files application for undersea power line

03/31/2011 | Bloomberg

Atlantic Grid Development has submitted an application to the Bureau of Ocean Energy Management, Regulation and Enforcement to develop a transmission line that would deliver offshore wind power to markets from New Jersey to Virginia. The Google-backed Atlantic Wind Connection project "would enhance the competitive regional electric market by increasing supply options and reducing congestion on existing facilities," said Markian Melnyk, president of Atlantic Grid Development, which is developing the project.

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