Latest news with #AtlanticShoresNorth
Associated Press
11-02-2025
- Business
- Associated Press
Save LBI Encouraged by Collapse of Atlantic Shores Offshore Wind Projects, Presses on with Litigation to Ensure Permanent Victory
LONG BEACH ISLAND, N.J., Feb. 11, 2025 (SEND2PRESS NEWSWIRE) — Save Long Beach Island (Save LBI), the non-partisan watchdog group formed in 2021 to protect the ocean and New Jersey Shore communities from the destructive impacts of offshore wind, announced today that, while it is gratified by the collapse of the controversial Atlantic Shores South projects, the organization will remain vigilant and continue the fight to ensure that these projects and the Atlantic Shores North project are canceled and never return. The controversial Atlantic Shores South plan to erect 200 wind turbines as close as 8.7 miles off the coast of southern Long Beach Island (LBI), Brigantine, and Atlantic City, began unraveling on January 30 when Shell New Energies, which owns 50 percent of Atlantic Shores Offshore Wind, announced that it would write off a billion-dollar loss and step away from the projects. The announcement came just 17 days after Save LBI filed a comprehensive federal lawsuit against the projects alleging noncompliance with five laws. Four days later, the New Jersey Board of Public Utilities (BPU) refused to award significant additional rate subsidies that Atlantic Shores had requested to fund the projects. 'This is a major victory for shore values, communities, and common sense,' said Bob Stern, president and co-founder of Save LBI in a letter thanking supporters. 'But there is also unfinished business here to ensure that these projects, or similar ones, never reappear, and that the flawed Federal and State processes and impact-assessment methods that carried such a costly and damaging project this far are fundamentally changed.' Stern identified several areas in which Save LBI will continue its fight to permanently end Atlantic Shores South and Atlantic Shores North, including the passage of federal legislation to remove investment tax credits and other incentives for offshore wind under the Inflation Reduction Act and the cancellation of the two wind lease areas. 'We have written to U.S. Department of the Interior Secretary [Douglas] Burgum suggesting that, and will be filing a formal petition asking for cancellation,' Stern said. 'Our recent federal lawsuit provides ample justification for such cancellation.' Save LBI will also seek to overturn prior project approvals through its ongoing litigation — which if granted, would set a precedent for other cases — and continue its longstanding campaign to protect the critically endangered North Atlantic right whale by filing a petition with the National Oceanic and Atmospheric Administration (NOAA) to establish a safe migration corridor along the East Coast. That petition, which asks NOAA to designate the corridor as critical habitat, will demonstrate that the Atlantic Shores projects and other offshore wind projects in these sensitive areas would seriously impede or block whale migration.' We will ask that all wind projects be excluded from that critical habitat corridor,' Stern said. Finally, Stern welcomed the new Administration's review of the leasing and permitting practices for all offshore wind projects and urged everyone involved with Atlantic Shores South to 'reflect on how a project with virtually no benefit, high cost, and significant environmental damage proceeded so far. Our work on this over the last few years showed that the entire process of site selection and project review was fundamentally flawed. 'We will continue our efforts to inform the public, the media, and our elected representatives as to the true costs and impacts of these projects, suggest improvements for the leasing, environmental review, and financing practices used, and offer constructive energy supply options to keep the lights on,' Stern concluded. About Save LBI: Save Long Beach Island (Save LBI) is an organization of citizens and businesses on and off the Island working together to protect the ocean and Long Beach Island and neighboring communities from the destructive impact of the Atlantic Shores Offshore Wind projects and potentially other offshore wind projects. As a not-for-profit, non-partisan entity, we do not endorse any political candidates but vigorously pursue policies and actions that protect the Island and New Jersey communities. The organization is led by Beach Haven resident Bob Stern, a Ph.D. engineer with experience in environmental law who previously managed the U.S. Department of Energy's office overseeing environment protection related to energy programs and projects. Visit for more information. Save LBI Letter to Supporters MULTIMEDIA: PHOTO CAPTION: Visual simulation of Atlantic Shores South project from Holgate, New Jersey. Source: Bureau of Ocean Energy Management (BOEM). NEWS SOURCE: Save Long Beach Island (Save LBI) Keywords: Legal and Law, Bureau of Ocean Energy Management, Save LBI, Save Long Beach Island, offshore wind, offshore wind projects, LONG BEACH ISLAND, N.J. This press release was issued on behalf of the news source (Save Long Beach Island (Save LBI)) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P123962 AP-R15TBLLI
Yahoo
30-01-2025
- Business
- Yahoo
Wind farm developer said project will continue despite loss of major investor
The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore wind projects. (Photo by Sarah Vogelsong) The developer behind a major New Jersey offshore wind farm said it will continue with the project even after its partner said Thursday it is withdrawing and writing off $1 billion in losses. Atlantic Shores was in a 50-50 partnership with Shell New Energies to develop a combined 4,310 megawatts of offshore wind capacity in two areas roughly 8.4 miles off New Jersey's coast. Shell said Thursday it is ending its involvement in the project. 'While we can't comment on the views of shareholders, Atlantic Shores intends to continue progressing New Jersey's first offshore wind project and our portfolio in compliance with our obligations to local, state and federal partners under existing leases and relevant permits,' Atlantic Shores said in a statement. Shell's withdrawal comes a little more than a week after President Donald Trump issued a presidential memorandum blocking new leases and permits for onshore and offshore wind projects. Atlantic Shores South, set to generate 2,800 megawatts as early as 2028, is the only New Jersey offshore wind project still being developed to have obtained all of its federal approvals prior to that order. Atlantic Shores North, intended to generate 1,510 megawatts, was expected to complete permitting in early 2027, though that timeline stands to be upended by Trump's memorandum. A spokeswoman for Gov. Phil Murphy declined to comment on the Shell news and noted only that Murphy has previously said he remains committed to advancing his administration's environmental and clean energy priorities. About 15 months ago, Danish wind giant Ørsted announced it would cease development of Ocean Wind 1 and 2, which were each set to generate 1,100 megawatts once completed. The Danish firm said inflation, interest rate hikes, and persistent post-pandemic supply chain issues had cut $2.8 billion from the project's worth in the first nine months of 2023. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
