Offshore Wind Energy: A Roller Coaster Ride in New Jersey

Despite encountering setbacks, the progress towards offshore wind energy in New Jersey persists, presenting hope for a more environmentally friendly future along the Jersey Shore.

The recent cancellation of New Jersey’s Ocean Wind 1 and 2 projects has stirred varied emotions statewide. Led by Michael Donohue, some attempted to halt the projects through lawsuits, but found existing state laws in favor of offshore wind rendered their efforts futile. Arguments against offshore wind’s impact on tourism and the environment also proved unsubstantiated.

The primary reason for the cancellation was economic. Rising costs of materials, labor, and borrowing made the projects financially unviable for Ørsted, despite Governor Phil Murphy’s support. However, hope remains as other companies pursue offshore wind projects, with improving technology promising even cheaper energy in the future.

Offshore wind energy offers a cleaner and more affordable alternative to traditional sources like coal and natural gas. The cancellation underscores the importance of considering economic factors alongside politics. New Jersey must reassess its approach, considering inflation and debt costs to ensure successful project implementation.

While setbacks have occurred, the journey towards offshore wind energy in New Jersey continues, offering promise for a greener future along the Jersey Shore.

Read more here: NJ offshore wind energy is not the failure that many believe just an economic pause

Photo by Usukhbayar Gankhuyag on Unsplash