Another New Jersey offshore wind project is facing significant uncertainty, again imperiling Gov. Phil Murphy’s clean energy and “green economy” goals.
Leading Light Wind, a partnership of Invenergy and co-developer energyRe, is asking state utilities regulators to pause its project while it shops for turbines, the engines that help turn wind into electricity.
As a result, the backers of the largest offshore wind project ever approved in New Jersey do not know how they will generate the power they promised to deliver or how much it will cost.
In January, the state Board of Public Utilities tried to reset the state’s then-ailing offshore wind industry by greenlighting ratepayer subsidies for a pair of projects that would provide enough power for 1.8 million homes.