Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's recent $1 billion write-off related to the venture.
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
BALTIMORE -- An executive order issued by President Trump could threaten an offshore wind project in Maryland. The measure put a temporary halt on new federal leases, permits and loans for both offshore and onshore wind development projects until his administration conducts an environmental and economic review.
"America's offshore wind resources are big enough to produce more electricity than the nation currently consumes." New US offshore wind project with enough energy to power 840,000 homes is approved: 'A greener and healthier future' first appeared on The Cool Down.
Trump backed up his pledge to throw up barriers to offshore wind power by immediately withdrawing "from disposition for wind energy leasing all areas within the Offshore Continental Shelf." The order describes the withdrawal as "temporarily" preventing ...
In a sweeping order, President Trump halted federal approvals for new wind farms, in a move that could affect projects on land and in the ocean.
The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off California’s coast. But it sends a current of uncertainty through the fledgling renewable energy industry,
Maine’s formal interest in developing ocean wind energy dates back to 2008, when former Gov. John Baldacci created an Ocean Energy Task Force to devise a strategy.
Atlantic Shores says it will push forward with its planned wind energy farm off the coast of southern New Jersey despite the reported pullout of one of the venture's two partners.
U.S. President Donald Trump suspended new federal offshore wind leasing on his first day back in the Oval Office on Jan. 20, pending an environmental and economic review.
“We are proud to announce [Bureau of Ocean Energy Management’s] final approval of the SouthCoast Wind project, the nation’s eleventh commercial-scale offshore wind energy project, which will power more than 840,000 homes,” Elizabeth Klein, director of BOEM, said in a statement.
With President Trump's executive actions, some wind projects off the Massachusetts coast, such as the SouthCoast wind project, could be dead in the water.