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Shell, New Jersey and offshore wind
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has effectively withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest major setback to the state’s clean energy ambitions. Spokespeople told NJ Advance Media on Thursday that the developer remained committed to the project.
New Jersey cancels offshore wind bidding round as Shell exits Atlantic Shores project
New Jersey's utility board said Monday it canceled its fourth offshore wind solicitation - the process in which the state agrees to buy electricity from planned wind projects - in the latest blow to the struggling U.
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey. Shell told The Associated Press it is writing off the project, citing increased competition, delays and a changing market.
NJ holds off on approving new offshore wind projects after bidders drop out
New Jersey's offshore wind industry continues losing steam as companies drop out and Trump halts federal permitting.
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's first offshore wind project on Thursday, despite Shell's recent $1 billion write-off related to the venture.
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores, a joint venture between Shell and France’s EDF, has reaffirmed its commitment to delivering New Jersey’s first offshore wind project despite Shell’s recent $1bn write-off related to the venture. The write-off was part of $2.2bn in impairments reported in Shell’s fourth-quarter earnings, as reported by Reuters.
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New Jersey scraps offshore wind round over Shell and Trump
State says 4GW fourth round won't go ahead after Shell withdraws as equity partner in only project standing, and amid ...
Baton Rouge Business Report
14h
Why Shell is walking away from its planned wind farm off of New Jersey
In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off New Jersey. Shell told The ...
13h
N.J. kills bid for more offshore wind plans, says now’s not the right time
The BPU said in light of Shell pulling out of the first project it 'would not be a responsible decision at this time.' ...
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Shell's $1bn hit to quit US offshore wind plan Trump wants 'dead and gone'
Oil giant says Atlantic Shores project with EDF doesn't fit 'capabilities or returns' as it books near $1bn impairment ...
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on MSN
Shell withdraws from big N.J. windfarm that Trump wanted ‘dead and gone’
A pullout of offshore wind could hurt communities like Paulsboro, where a wind-related port promised jobs and town revenue.
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offshore wind
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