Current:Home > StocksGusts of activity underway by friends and foes of offshore wind energy projects -Ascend Finance Compass
Gusts of activity underway by friends and foes of offshore wind energy projects
Algosensey View
Date:2025-04-07 11:30:04
LONG BEACH TOWNSHIP, N.J. (AP) — Government supporters of offshore wind energy projects in New Jersey and New York are trading blows with opponents in some shore towns who say many vacationers and local residents don’t want to see turbines filling the ocean horizon.
Eight Jersey Shore beach towns wrote to state utility regulators Wednesday, saying one wind farm proposal will be vastly more expensive than projected, and will cost tourism-driven jobs and economic activity.
Their move came on the same day that federal energy regulators approved new rules to streamline the application and approval processes for offshore wind farms, and also the day that New York Gov. Kathy Hochul issued supply chain and logistics proposals to help her state’s offshore wind industry. Hochul’s move came days after three New York projects were scrapped because the companies and state regulators couldn’t agree on the financial terms.
Shore towns spanning much of New Jersey’s 127-mile coastline wrote to the state’s Board of Public Utilities, saying the proposed Atlantic Shores wind farm will be costlier than originally proposed, particularly if the developers are allowed to re-bid it.
An economic analysis sent by Long Beach Township, Beach Haven, Ship Bottom, Barnegat Light, Surf City, Harvey Cedars, Brigantine, and Ventnor predicts reduced visitation to the Jersey Shore by people who don’t want to see windmills on the horizon could cost Ocean County alone more than $668 million in economic losses.
“The Atlantic Shores project will devastate the economies of the shore municipalities by deterring visitors and eliminating thousands of jobs,” said James Mancini, mayor of Long Beach Township on Long Beach Island. “It is imperative that any offshore wind projects are placed far enough out to avoid these drastic impacts, which adversely affect not only the shore municipalities’ residents, visitors, and businesses, but all of New Jersey’s residents.”
The towns also said allowing the project owners to re-bid would increase additional costs to ratepayers to $10 billion, up from $3.7 billion.
The BPU and Atlantic Shores did not immediately respond to a message seeking comment Thursday. But the New Jersey Offshore Wind Alliance said the law firm that wrote to New Jersey regulators is “engaged in misguided litigation against offshore wind development,” and that an operating wind farm off Block Island, Rhode Island proves that offshore wind farms can coexist with tourism and recreational fisheries.
Atlantic Shores would have 157 turbines and would be located 8.7 miles from shore, among the closest projects proposed for the state’s shoreline. It is a partnership between Shell New Energies US LLC, and EDF-RE Offshore Development, LLC.
It is one of three offshore wind projects currently pending in New Jersey. The state Board of Public Utilities in January chose Attentive Energy LLC and Leading Light Wind LLC to build offshore wind projects.
Also on Wednesday, U.S. Interior Secretary Deb Haaland announced that the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement finalized new regulations for offshore wind projects intended to save the industry $1.9 billion over the next 20 years. It would streamline some processes, eliminate what the agencies called duplicative requirements and allow money for eventual decomissioning work to be put up incrementally instead of all at once at the start of a project.
That same day, New York’s governor responded to the collapse of three offshore wind projects last week by issuing requests for proposals and information regarding supply chains and logistics for offshore wind projects. That followed the state canceling three preliminarily approved offshore wind projects after failing to reach final agreements with any of them
New York provisionally approved the projects in October 2023. They are Attentive Energy One being developed by TotalEnergies Rise Light & Power and Corio Generation; Community Offshore Wind, and Vineyard Offshore’s Excelsior Wind.
veryGood! (546)
Related
- Meta releases AI model to enhance Metaverse experience
- 2024 Emmys: Jesse Tyler Ferguson's Hair Transformation Will Make You Do a Double Take
- This city is hailed as a vaccination success. Can it be sustained?
- 2024 Emmys: How Abbott Elementary Star Sheryl Lee Ralph's Daughter Helped With Red Carpet Look
- 2025 'Doomsday Clock': This is how close we are to self
- Texas QB Quinn Ewers exits with injury. Arch Manning steps in against Texas-San Antonio
- 2024 Emmys: Eugene Levy and Dan Levy's Monologue Is Just as Chaotic as You Would've Imagined
- Another World Series hangover. Defending champion Rangers fail to repeat
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Federal judge temporarily blocks Biden administration rule to limit flaring of gas at oil wells
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Taylor Swift rocks Chiefs T-shirt dress at Bengals game to support Travis Kelce
- The Bachelorette's Katie Thurston Engaged to Comedian Jeff Arcuri
- Georgia remains No. 1 after scare, Texas moves up to No. 2 in latest US LBM Coaches Poll
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- When does daylight saving time end? What is it? What to know about 'falling back'
- What game is Tom Brady broadcasting in Week 2? Where to listen to Fox NFL analyst
- Washington State football's Jake Dickert emotional following Apple Cup win vs Washington
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
What did the Texans trade for Stefon Diggs? Revisiting Houston's deal for former Bills WR
Canelo Alvarez wins unanimous decision in dominating title defense against Edgar Berlanga
Emmys 2024: Slow Horses' Will Smith Clarifies He's Not the Will Smith You Think He Is
B.A. Parker is learning the banjo
2024 Emmys: Baby Reindeer's Nava Mau Details Need for Transgender Representation in Tearful Interview
Your cat's not broken if it can't catch mice. Its personality is just too nice to kill
This city is hailed as a vaccination success. Can it be sustained?