Current:Home > InvestJohnathan Walker:US gives key approval to Atlantic Shores offshore wind farm in New Jersey -BeyondProfit Compass
Johnathan Walker:US gives key approval to Atlantic Shores offshore wind farm in New Jersey
Surpassing Quant Think Tank Center View
Date:2025-04-07 07:02:45
ATLANTIC CITY,Johnathan Walker N.J. (AP) — The U.S. Interior Department approved the proposed Atlantic Shores offshore wind farm in New Jersey on Tuesday, giving a major boost to a project that would be the state’s first.
The project still requires an additional federal approval of its construction and operations plan, along with two state-level permits, before construction can begin.
Interior Secretary Deb Haaland said the department’s decision marked the ninth offshore wind project approved under the Biden administration, green-lighting 13 gigawatts of electricity, enough to power 5 million homes.
“The Biden-Harris administration is building momentum every day for our clean energy future, and today’s milestone is yet another step toward our ambitious goal of deploying 30 gigawatts of offshore energy by 2030,” she said in a statement. “Our clean energy future is now a reality. We are addressing climate change, fostering job growth, and promoting equitable economic opportunities for all communities.”
The project, consisting of two phases, would be built between Atlantic City and Long Beach Island in southern New Jersey. It would generate 2,800 megawatts, enough to power 1 million homes.
“This milestone brings us one step closer to delivering New Jersey’s first offshore wind projects, and for the state achieving its ambitious goal of 100% clean energy by 2035,” Joris Veldhoven, Atlantic Shores’ CEO, said in a statement. “We recognize the significance of this milestone, and we’re thrilled to work with our supply chain partners to continue making near-term investments and creating great paying union jobs.”
Atlantic Shores, which was given preliminary approval in 2021 by New Jersey utility regulators, has now gotten nearly as far as a previously approved project that would have been New Jersey’s first offshore wind farm. Danish wind developer Orsted was close to beginning work on two offshore wind farms but scrapped the project in Oct. 2023 after deciding it would not be economical.
The Interior Department said the Atlantic Shores project would be about 8.7 miles from shore at its closest point. But the company has previously said that it will not built right up to that line and that the closest turbines will be at least 12.8 miles from shore.
Atlantic Shores is a joint partnership between Shell New Energies US LLC and EDF-RE Offshore Development LLC.
The Interior Department approved construction of 195 wind turbines as part of the project; the company had sought up to 200.
___
Follow Wayne Parry on X at www.twitter.com/WayneParryAC
veryGood! (67692)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Game-Winning Father's Day Gift Ideas for the Sports Fan Dad
- Mattel's new live-action “Barney” movie will lean into adults’ “millennial angst,” producer says
- Dad falls 200 feet to his death from cliff while hiking with wife and 5 kids near Oregon's Multnomah Falls
- Military service academies see drop in reported sexual assaults after alarming surge
- Best Friend Day Gifts Under $100: Here's What To Buy the Bestie That Has It All
- Dissecting ‘Unsettled,’ a Skeptical Physicist’s Book About Climate Science
- How many Americans still haven't caught COVID-19? CDC publishes final 2022 estimates
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Allow Kylie Jenner to Give You a Mini Tour of Her California Home
Ranking
- Tom Holland's New Venture Revealed
- With Hurricanes and Toxic Algae, Florida Candidates Can’t Ignore the Environment
- Lindsay Lohan Shares the Motherhood Advice She Received From Jamie Lee Curtis
- Tatcha Flash Sale Alert: Get Over $400 Worth of Amazing Skincare Products for $140
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Video shows people running during Baltimore mass shooting that left 2 dead and 28 wounded
- With Democratic Majority, Climate Change Is Back on U.S. House Agenda
- Allow Kylie Jenner to Give You a Mini Tour of Her California Home
Recommendation
Bodycam footage shows high
Michael Imperioli says he forbids bigots and homophobes from watching his work after Supreme Court ruling
Ohio Gov. DeWine asks Biden for major disaster declaration for East Palestine after train derailment
In Georgia, 16 Superfund Sites Are Threatened by Extreme Weather Linked to Climate Change
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Proof Tom Holland Is Marveling Over Photos of Girlfriend Zendaya Online
Selma Blair, Sarah Michelle Gellar and More React to Shannen Doherty's Cancer Update
Man slips at Rocky Mountain waterfall, is pulled underwater and dies