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Offshore Wind
New life for abandoned offshore wind leases?
Ocean leases dumped by Danish developer Ørsted will be snapped up soon, offshore wind boosters predict
JON HURDLE / NJ SPOTLIGHT NEWS – When Ørsted abandoned its plans for a massive wind farm off the Jersey Shore, it was a major blow to the Murphy administration and its promise of more renewable energy serving the state by 2040.
But the energy developer’s exit does not represent a total loss, as it readies to sell its ocean leases amid signs of strong demand from developers …
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