
Fourth round of NJ offshore wind farm leasing canceled
NEW JERSEY – The New Jersey Board of Public Utilities will not proceed with an award in the state’s fourth offshore wind solicitation, according to Christine Guhl-Sadovy, President of the New Jersey Board of Public Utilities.
There were three initial bidders in the fourth solicitation. However, two bidders withdrew and only Atlantic Shores submitted a best and final offer, Guhl-Sadovy said.
“A number of reasons led to this decision, notably Shell backing out as an equity partner in the Atlantic Shores project and backing away from the American clean energy market, as well as uncertainty driven by federal actions and permitting. The Board concluded that an award in New Jersey’s fourth offshore wind solicitation, despite the manifold benefits the industry offers to the state, would not be a responsible decision at this time. Offshore wind still represents a once-in-a-generation economic development opportunity and is key to helping the region and country achieve energy independence. The Board is committed to working with Governor Murphy and our sister state agencies to build a successful offshore wind industry in New Jersey. We are also deeply appreciative of Atlantic Shores’ work and their commitment to providing a cleaner and healthier future,” Guhl-Sadovy said.
“Developing the offshore wind industry in New Jersey is a once-in-a-generation opportunity to create tens of thousands of jobs, drive an entirely new manufacturing supply chain, and secure energy independence. This is especially critical during a time when new energy generation is needed to provide our residents and business with reliable, cost-effective energy solutions,” Governor Murphy said. “However, the offshore wind industry is currently facing significant challenges, and now is the time for patience and prudence. I support the BPU’s decision on the fourth offshore wind solicitation, and I hope the Trump Administration will partner with New Jersey to lower costs for consumers, promote energy security, and create good-paying construction and manufacturing jobs.”