WRITTEN BY NICK POPE ON JAN 25, 2024. POSTED IN LATEST NEWS
Blue State Blunder: NJ Doubles Down On Rate-Hiking Offshore Wind Despite 2023’s Epic Failures
New Jersey is starting new offshore wind projects after two major developments effectively failed in 2023.
The state’s utility regulators green-lit two major contracts on Wednesday in a bid to revitalize the state’s offshore wind dreams, months after Ørsted — one of the largest offshore wind developers in the world — pulled the plug on two massive projects off the New Jersey coast in October 2023, the New Jersey Board of Public Utilities (NJBPU) announced Wednesday. [emphasis, links added]
As of November 2023, New Jersey was engaged in a dispute with the company over $300 million the state says it is owed.
The two developments selected are Invenergy and energyRE’s Leading Light Wind Project and Attentive Energy LLC’s Attentive Energy Two Project, according to the NJBPU.
https://climatechangedispatch.com/blue-state-blunder-nj-doubles-down-on-rate-hiking-offshore-wind-despite-2023s-epic-failures/
