341 results found for 'ocean wind new jersey'

341 results found for 'ocean wind new jersey'
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  • EDF Books EUR 934 Million Atlantic Shores Offshore Wind Impairment, Maintains Projects Could Still Contribute to US, New Jersey Energy Plans

    25 February 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    EDF Renewables has booked a EUR 934 million impairment in connection with the Atlantic Shores offshore wind project(s) in the United States, for which EDF’s joint venture partner Shell also recently included impairment charges in its full-year 2024 financial report and said it was pausing its involvement in the project. During 2024, EDF booked EUR […]

  • New Jersey Exploring Alternative Uses for Its Offshore Wind Port

    18 February 2025
    Business & Finance, Fixed-Bottom, Ports & Logistics

    The New Jersey Economic Development Authority (NJEDA), which has developed the New Jersey Wind Port on behalf of the New Jersey State, is assessing options and alternatives for the hub-style port for offshore wind as the market is facing challenges. The offshore wind port is located in Lower Alloways Creek, Salem County, and is being […]

  • Atlantic Shores Confirms Plan to Continue Progressing US Project as Shell Writes It Off

    31 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Shell has decided to pause its involvement in the Atlantic Shores offshore wind project in the US, which received federal approval in October 2024, the company’s CFO said during a press call after Shell posted its Q4 2024 financial results on 30 January. In its report for the fourth quarter, Shell included impairment charges of […]

  • Atlantic Shores Requests to Terminate 1.5 GW OREC Contract with New Jersey | ‘Presidential Wind Memorandum, Subsequent Actions Directly Impacted Project Feasibility’

    10 June 2025
    Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Atlantic Shores Offshore Wind has submitted a request to the New Jersey Board of Public Utilities (NJBPU), seeking that the existing offshore renewable energy credit (OREC) order, issued by the NJBPU in 2021 for 1,509.6 MW of generation capacity at Atlantic Shores Project 1, be terminated. The developer, which planned to take the final investment […]

  • New Jersey Cancels Fourth Offshore Wind Solicitation Amid Federal Shifts and Shell’s Exit

    4 February 2025
    Authorities, Planning & Permitting

    The New Jersey Board of Public Utilities (NJBPU) has cancelled the bidding process for the state’s fourth offshore wind solicitation, citing uncertainty caused by recent federal actions and Shell’s withdrawal from the Atlantic Shores offshore wind project. The state’s fourth round of offshore wind solicitation was launched in May 2024, initially aimed at awarding between […]

  • New Offshore Wind Project Enters Federal Permitting in US

    14 January 2025
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of the Vineyard Mid-Atlantic offshore wind lease area, located offshore New York and New Jersey and owned by Vineyard Offshore (Copenhagen Infrastructure Partners), which plans to build its Excelsior Wind project there. The Vineyard Mid-Atlantic area is in one of the six […]

  • RWE Freezes US Offshore Wind Activities, Citing Political Uncertainty

    28 April 2025
    Business & Finance

    German renewable energy developer RWE has stopped all its offshore activities in the US for the time being, said Marcus Krebber, CEO of RWE, in a transcript of a speech planned to be delivered to shareholders at the company’s annual general meeting on 30 April. Krebber added that the US stands out for its increasing […]

  • Ørsted Slims Down Investment Programme, Discontinues Previous Renewable Energy Capacity Target

    7 February 2025
    Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will not affect Ørsted’s construction portfolio which totals 9 […]

  • Will Trump Venture to Impose ‘No New (Offshore) Wind Turbines’ Policy and Bring US Industry Supporting 120,000 Jobs to Halt?

    8 January 2025
    Authorities, Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    During his presidential campaign in 2024, Donald Trump said he would sign an executive order to stop offshore wind farms from being built in the US “on day one”. On 7 January, the US president-elect reiterated the plan which now seems to apply to wind energy on land too, saying he would look into implementing […]

  • US Issues Record of Decision for 7 GW Offshore Wind Area

    3 December 2024
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has issued a Record of Decision (ROD) for the New York Bight offshore wind area. The ROD specifies environmental measures expected to be applied to the development of projects in the six lease areas that BOEM awarded in 2022. Set to be published in the Federal Register […]

  • LIVE BLOG: Offshore Energy Exhibition & Conference 2024

    27 November 2024
    Business & Finance, Business development, Environment, Fixed-Bottom, Floating Wind, Grid Connection, Industry, Infrastructure, Jobs & Recruitment, Operations & Maintenance, Outlook & Strategy, Planning & Permitting, Ports & Logistics, Power-to-X, Project Updates, R&D, Supply Chain, Technology, Training & Education, Vessels

    Welcome to the Live Blog! That’s a wrap! As OEEC 2024 comes to a close, Navingo invites all attendees to join for the final celebration! After two dynamic days of exploring innovations in the offshore energy sector, it’s time to relax, reflect and network over drinks and bites. Join us at the Stage for this […]

  • Environmental Review of New York Bight Lease Areas Completed

    22 October 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The US Bureau of Ocean Energy Management (BOEM) has finalised an environmental review to assess potential wind development activities across six lease areas offshore New York and New Jersey in an area known as the New York Bight. BOEM prepared a Programmatic Environmental Impact Statement (PEIS) to analyse the potential environmental impacts of offshore wind […]

  • Final Construction Permit Granted to 2.8 GW Atlantic Shores South Offshore Wind Projects

    2 October 2024
    Authorities, Fixed-Bottom, Planning & Permitting

    The US Bureau of Ocean Energy Management has approved the Construction and Operations Plan (COP) for the 2.8 GW Atlantic Shores South Offshore Wind projects in federal waters off New Jersey. The original lease was divided into two separate leases, both approximately 8.7 miles (about 14 kilometres) offshore New Jersey at their closest points. The […]

  • TGS Wraps Up Survey for Offshore Wind Project in New York Bight

    19 September 2024
    Business & Finance, Operations & Maintenance, Technology

    Norwegian seismic company TGS has finished the acquisition of an ultra-high-resolution 3D (UHRD3D) survey on behalf of Community Offshore Wind in the New York Bight, providing soil condition data to guide the design of the offshore wind project. According to TGS, the survey began in October 2023 and had a total duration of more than […]

  • New Jersey Grants Ørsted’s Motions to Vacate Orders for Cancelled Ocean Wind Projects

    16 August 2024
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates

    The New Jersey Board of Public Utilities (BPU) has granted a motion submitted by Ørsted on 1 July, requesting the BPU vacate the orders issued for the two Ocean Wind projects offshore New Jersey after the developer cancelled the projects last year. On 14 August, the BPU accepted Ørsted’s motions to vacate the BPU order […]

  • BOEM Starts Working on Second Central Atlantic Offshore Wind Auction

    21 August 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The US Bureau of Ocean Energy Management (BOEM) will publish a Call for Information and Nominations (Call) for a second offshore wind energy sale in the Central Atlantic, seeking public input on potential development in areas off the coasts of New Jersey, Delaware, Maryland, Virginia, and North Carolina. BOEM will public the Commercial Leasing for […]

  • Opinion | Offshore Wind Energy: Delivering the American Dream

    22 August 2024
    Business & Finance, Fixed-Bottom, Floating Wind

    This is an op-ed piece by Liz Burdock, Founder and CEO of Oceantic Network, the US offshore renewable energy industry organisation. When I started Oceantic Network 11 years ago, I was motivated by the confident belief that offshore wind would be an economic and environmental game-changer for the U.S. Not only because of the industry’s […]

  • New Jersey Getting Monopile Factory

    23 December 2020
    Authorities, Ports & Logistics

    The State of New Jersey is investing USD 250 million in a monopiles manufacturing facility that will serve the U.S. offshore wind industry. The facility will be located at the Paulsboro Marine Terminal in Gloucester County and is said to be the largest industrial offshore wind investment in the U.S. to date. EEW, Ørsted, as […]

  • Ørsted Returns to New Jersey with Ocean Wind 2 Bid

    11 December 2020
    Contracts & Tenders, Wind Farm Update

    Ørsted has submitted a bid to the New Jersey Board of Public Utilities to develop its Ocean Wind 2 project in response to New Jersey’s second request for proposals. This solicitation will award up to 2,400 MW. The New Jersey Governor Phil Murphy’s plan calls for 7,500 MW of offshore wind by 2035. Ørsted is […]

  • PSEG Completes Ocean Wind Stake Buy

    13 April 2021
    Business & Finance, Wind Farm Update

    New Jersey’s Public Service Enterprise Group (PSEG) has completed the acquisition of a 25% interest in Ørsted’s Ocean Wind offshore wind project. PSEG’s investment, which was announced in December 2019, received approval from the New Jersey Board of Public Utilities on 31 March. “From creating jobs and strengthening the economy to investing in infrastructure and […]

  • New Jersey Accelerates Schedule for Fourth Offshore Wind Solicitation

    8 December 2023
    Authorities, Business & Finance, Business development, Planning & Permitting, Research & Development

    On 29 November, New Jersey Governor Phil Murphy directed the New Jersey Board of Public Utilities (NJBPU) to launch the fourth offshore wind solicitation in early 2024. New Jersey’s fourth solicitation project awards are expected in early 2025. The Governor’s action reaffirms the State’s commitment to achieving a 100 per cent clean energy economy by […]

  • Ørsted Sells 25 Per Cent Stake in Ocean Wind to PSEG

    4 December 2020
    Business & Finance, Wind Farm Update

    Ørsted has entered into an agreement to sell a 25 per cent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include both a conventional and tax equity investment in the project. The partners did not disclose the value of the transaction. […]

  • Ørsted and EEW Plan Monopile Factory in New Jersey

    8 July 2019
    Contracts & Tenders

    Ørsted has signed a Memorandum of Understanding (MoU) with EEW to work towards establishing a monopile fabrication facility in Paulsboro, New Jersey, for the Ocean Wind project. According to the project documents, the foundation manufacture facility may longer term expand its scope of activities as the Atlantic coast offshore wind industry grows. Ørsted also signed […]

  • Construction Starts on America’s Largest Offshore Wind Manufacturing Hub

    20 April 2021
    Jobs & Recruitment, Ports & Logistics

    Ocean Wind and EEW have broken ground for the EEW monopile manufacturing facility at the Port of Paulsboro Marine Terminal in Gloucester County, New Jersey, U.S. The start of construction marks a significant milestone in delivering the largest industrial offshore wind manufacturing facility in the U.S. to date, Ocean Wind said. Construction of the facility […]

  • US Clears Third Commercial-Scale Offshore Wind Farm to Start Construction

    6 July 2023
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has given the go-ahead to the Ocean Wind 1 project, New Jersey’s first offshore wind farm and the third commercial-scale project of this kind in the US. The developer Ørsted is now set to begin construction this autumn, starting with onshore infrastructure. BOEM has issued the Record […]

  • Ørsted, PSEG File Multiple Proposals for New Jersey’s Offshore Wind Transmission Solution

    28 October 2021
    Contracts & Tenders, Grid Connection

    Ørsted and Public Service Enterprise Group (PSEG) have submitted several joint proposals for offshore wind power transmission in New Jersey in response to the solicitation the regional electricity grid operator PJM Interconnection is conducting on behalf of the New Jersey Board of Public Utilities (NJBPU). The joint proposals, collectively named Coastal Wind Link, are designed to deliver […]