NJ Offshore Wind Industry Threatened by Economic Uncertainty, 2024 Presidential Election

AMANDA OGLESBY / ASBURY PARK PRESS — Renewable energy companies are bracing for higher costs and more lawsuits, experts say, which will likely make 2024 another difficult year for the offshore wind industry in New Jersey.

The industry is also threatened by the prospect of a change in the White House in the 2024 election. Industry leaders worry a new president could slow progress on offshore wind farms for years …