N.J.’s first offshore wind farm dealt significant blow from state board after Trump’s attacks
It is unclear whether offshore wind is completely dead in New Jersey, but it appears projects will not move forward anytime soon, if at all.
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media on Thursday that the developer remained committed to the project.
NJ holds off on approving new offshore wind projects after bidders drop out
New Jersey's offshore wind industry continues losing steam as companies drop out and Trump halts federal permitting.
Trump’s plan to kill offshore wind is paying off
Biden’s goal was to deploy 30 gigawatts of offshore wind energy capacity by 2030, enough to power 10 million homes. The current low for the industry is even worse than in late 2023, when contracts for nearly 10 gigawatts of capacity were canceled or at risk.
New Jersey halts new offshore wind contracts following Trump’s order
The suspension of new federal offshore wind leasing, pending an environmental and economic review, has added to uncertainty.
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey. Shell told The Associated Press it is writing off the project, citing increased competition, delays and a changing market.
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
New Jersey Gov. Phil Murphy's administration gives up on new offshore wind
The Democrat took office hoping offshore wind projects would be a perfect issue to unite a liberal coalition and ensure his legacy fighting climate change.
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s first offshore wind project despite Shell’s recent $1bn write-off related to the venture. The write-off was part of $2.2bn in impairments reported in Shell’s fourth-quarter earnings, as reported by Reuters.
New Jersey says it won't award new offshore wind contracts
New Jersey's public utility regulator on Monday said it would not grant awards for new offshore wind contracts, days after Shell backed out of the only project that had finalized a bid. In a statement,
New Jersey cancels offshore wind bidding round as Shell exits Atlantic Shores project
New Jersey's utility board said Monday it canceled its fourth offshore wind solicitation - the process in which the state agrees to buy electricity from planned wind projects - in the latest blow to the struggling U.
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The Trump effect: Offshore wind backers blame president for halting projects. Others cheer
New Jersey regulators have declined to award another offshore wind power project in the face of a federal permitting freeze.
N.J. kills bid for more offshore wind plans, says now’s not the right time
The BPU said in light of Shell pulling out of the first project it 'would not be a responsible decision at this time.' ...
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
Wind farm developer said project will continue despite loss of major investor
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore ...