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Ocean Wind was a proposed utility-scale 2,248 MW offshore wind farm to be located on the Outer Continental Shelf approximately 15 miles (24 km) off the coast of Atlantic City, New Jersey. It was being developed by Ørsted US Offshore Wind in conjunction with Public Service Enterprise Group (PSE&G).
Wind power in New Jersey is in the early stages of development. New Jersey has just six wind turbines, all land based, but the state has plans to develop several major offshore wind projects on the continental shelf of the Atlantic Ocean off the southern Jersey Shore.
The company ended development of the Ocean Wind 1 and 2 projects, which were supposed to be built off the coast of Atlantic City, ... New Jersey will receive $125 million, which will be used to ...
Denmark-based Ørsted's Ocean Wind 1 and 2 projects would have been the first wind turbines off the Jersey Shore, but the company announced in October it would stop plans to build.
BOEM's Record of Decision comes less than a month after Denmark-based offshore wind developer Ørsted announced it was halting all work on its two New Jersey projects, known as Ocean Wind 1 and ...
Orsted stands to lose a $100 million guarantee it posted with New Jersey earlier this month that it would build Ocean Wind I by the end of 2025. That money could be returned to ratepayers.
Fisherman's Energy Atlantic City Windfarm [77] [78] (New Jersey). Groundbreaking for the onshore portion of the project took place in December 2014. [79] [80] It was postponed in July 2017. [81] Ocean Wind 1 and 2 (New Jersey). Canceled by Ørsted due to poor financial outlook in 2023. Icebreaker Wind (Lake Erie, Ohio) [82] 21 MW, placed on ...
Approval of Orsted's Ocean Wind by the Interior Department is the administration's latest move toward meeting its goal of developing 30 gigawatts (GW) of offshore wind in the U.S. by 2030 on every ...