New Jersey Climate News
News Aggregation from the NJ Climate Change Resource Center
OFFSHORE WIND
Supporters Still Bullish on NJ Offshore Wind Despite Ørsted Exit
But delays expected, and prospect of price hikes
BRENDA FLANAGAN / NJ SPOTLIGHT NEWS – The decision by Ørsted to deep-six its two wind farm projects off the South Jersey coast creates double trouble — economic and environmental.
Key players already knew the industry faced headwinds like spiraling steel costs, supply-chain issues, and high interest rates as other states had already renegotiated imperiled wind farm contracts …
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