New Jersey Advances Offshore Wind Energy Projects Amid Industry Challenges
The state approves two new offshore wind farms, Leading Light Wind and Attentive Energy, while Orsted withdraws from a power deal with Maryland due to pricing limits.
- New Jersey's Board of Public Utilities has approved two new offshore wind farm projects, Leading Light Wind and Attentive Energy, which together will generate enough electricity to power 1.8 million homes.
- Offshore wind company Orsted has withdrawn from a power deal with Maryland due to the current pricing limit on wind energy being commercially unviable, but plans to continue developing its Ocean City farm.
- U.S. agencies have issued plans to protect endangered North American right whales amid offshore wind farm development, including establishing noise limits during construction and avoiding granting leases in areas where major impacts to right whales may occur.
- New Jersey has also greenlit two major offshore wind contracts with Invenergy and energyRE’s Leading Light Wind Project and Attentive Energy LLC’s Attentive Energy Two Project, aiming to supply enough electricity to power 1.8 million homes.
- New York is expecting a big turnout in its fourth offshore wind solicitation, with several offshore wind developers likely to bid, including units of European energy firms Orsted, Equinor, and BP.
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