Offshore wind development has come to a halt in New Jersey.
The project named Atlantic Shores asked New Jersey utility regulators last week to cancel its contract to supply electricity to the state, marking the latest blow to the only offshore wind project in the state with a federal permit. The 1,500-megawatt development would have generated enough electricity to power 700,000 homes.
The move came as Atlantic Shores was facing economic and political headwinds. High construction costs drove up the price of the project, and President Donald Trump repeatedly targeted the proposal since returning to the White House.
In a filing with the New Jersey Board of Public Utilities, Atlantic Shores cited EPA’s decision to revoke an air quality permit for the project and Trump’s executive order that blocked permits for new offshore wind projects as the reason for its decision.
