Known as Ocean Wind 1 and 2, the projects were to deliver about 2.2 gigawatts of renewable energy once completed.
Despite pulling out of New Jersey, the Denmark-based Orsted is continuing to develop other wind projects in the United States and around the world, and said it would “consider the best options” for its lease on the state’s seabed.
Plans for Ocean Wind 2 were similar, with that project set to produce 1,148 megawatts of power, enough to supply energy to another 500,000 homes.Orsted said it pulled out of Ocean 1 and 2 for economic reasons, including “high inflation, rising interest rates, and supply chain bottlenecks.” Over the summer, the company warned of impending financial issues for its New Jersey projects. The company, as well as other offshore wind developers, had been rallying for federal tax credits that the state said needed to be returned to ratepayers. Murphy, as well as other officials, helped make that happen, but faced ire from Republicans as a result.
In particular, public perception that wind farm survey vessels were responsible for killing and stranding whales has become a focus. Those notions,, come from a number of anti-wind farm groups, some of whom were backed by fossil fuel interests. No scientific evidence has been offered for the claim that wind farms contribute to whale deaths, with the National Oceanic and Atmospheric Administration saying that most whale deaths are attributable to vessel strikes and entanglement in fishing gear.
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