Current:Home > FinanceAnother New Jersey offshore wind project runs into turbulence as Leading Light seeks pause -FundTrack
Another New Jersey offshore wind project runs into turbulence as Leading Light seeks pause
Benjamin Ashford View
Date:2025-04-08 06:54:07
Another offshore wind project in New Jersey is encountering turbulence.
Leading Light Wind is asking the New Jersey Board of Public Utilities to give it a pause through late December on its plan to build an offshore wind farm off the coast of Long Beach Island.
In a filing with the utilities board made in July but not posted on the board’s web site until Tuesday, the company said it has had difficulty securing a manufacturer for turbine blades for the project and is currently without a supplier.
It asked the board to pause the project through Dec. 20 while a new source of blades is sought.
Wes Jacobs, the project director and vice president of Offshore Wind Development at Invenergy — one of the project’s partners — said it is seeking to hit the pause button “in light of industry-wide shifts in market conditions.”
It seeks more time for discussions with the board and supply chain partners, he said.
“As one of the largest American-led offshore wind projects in the country, we remain committed to delivering this critically important energy project, as well as its significant economic and environmental benefits, to the Garden State,” he said in a statement Tuesday night.
The statement added that the company, during a pause, would continue moving its project ahead with such developmental activities as an “ongoing survey program and preparation of its construction and operations plan.”
The request was hailed by opponents of offshore wind, who are particularly vocal in New Jersey.
“Yet another offshore wind developer is finding out for themselves that building massive power installations in the ocean is a fool’s errand, especially off the coast of New Jersey,” said Protect Our Coast NJ. “We hope Leading Light follows the example of Orsted and leaves New Jersey before any further degradation of the marine and coastal environment can take place.”
Nearly a year ago, Danish wind energy giant Orsted scrapped two offshore wind farms planned off New Jersey’s coast, saying they were no longer financially feasible to build.
Atlantic Shores, another project with preliminary approval in New Jersey, is seeking to rebid the financial terms of its project.
And opponents of offshore wind have seized on the disintegration of a wind turbine blade off Martha’s Vineyard in Massachusetts in July that sent crumbled pieces of it washing ashore on the popular island vacation destination.
Leading Light was one of two projects chosen in January by the state utilities board. But just three weeks after that approval, one of three major turbine manufacturers, GE Vernova, said it would not announce the kind of turbine Invenergy planned to use in the Leading Light Project, according to the filing with the utilities board.
A turbine made by manufacturer Vestas was deemed unsuitable for the project, and the lone remaining manufacturer, Siemens Gamesa Renewable Energy, told Invenergy in June “that it was substantially increasing the cost of its turbine offering.”
“As a result of these actions, Invenergy is currently without a viable turbine supplier,” it wrote in its filing.
The project, from Chicago-based Invenergy and New York-based energyRE, would be built 40 miles (65 kilometers) off Long Beach Island and would consist of up to 100 turbines, enough to power 1 million homes.
New Jersey has become the epicenter of resident and political opposition to offshore wind, with numerous community groups and elected officials — most of them Republicans — saying the industry is harmful to the environment and inherently unprofitable.
Supporters, many of them Democrats, say that offshore wind is crucial to move the planet away from the burning of fossil fuels and the changing climate that results from it.
New Jersey has set ambitious goals to become the East Coast hub of the offshore wind industry. It built a manufacturing facility for wind turbine components in the southern part of the state to help achieve that aim.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (43834)
Related
- Trump wants to turn the clock on daylight saving time
- Man pleads guilty, gets 7 years in prison on charges related to Chicago officer’s killing
- After child's death at Bronx daycare, NYC child care clearances under a magnifying glass
- X-rays of the Mona Lisa reveal new secret about Leonardo da Vinci masterpiece
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Republicans tweak Brewers stadium repair plan to cut the total public contribution by $54 million
- Man pleads guilty, gets 7 years in prison on charges related to Chicago officer’s killing
- AP Week in Pictures: Asia
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- In the Amazon, millions breathe hazardous air as drought and wildfires spread through the rainforest
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Thursday marks 25 years since Matthew Shepard's death, but activists say LGBTQ+ rights are still at risk
- Thousands of autoworkers walk out at Ford's largest factory as UAW escalates strike
- 5 Things podcast: White nationalism is surging. How can it be stopped?
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- At Colorado funeral home where 115 decaying bodies found, troubles went unnoticed by regulators
- Factory fishing in Antarctica for krill targets the cornerstone of a fragile ecosystem
- As Israel battles Hamas, all eyes are on Hezbollah, the wild card on its northern border
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Taylor Swift returns to Arrowhead Stadium to see Travis Kelce and the Chiefs face the Broncos
Here's Your First Look at Sydney Sweeney and Glen Powell's Headline-Making Movie Anyone But You
Arkansas Supreme Court upholds procedural vote on governor’s education overhaul
B.A. Parker is learning the banjo
Final arguments are being made before Australia’s vote Saturday to create Indigenous Voice
Northwestern State football player shot and killed near campus, coach calls it ‘a tremendous loss’
FDA bans sale of popular Vuse Alto menthol e-cigarettes