SEASIDE HEIGHTS, N.J. (AP) — A proposed wind energy project off New Jersey would be among the farthest from land on the East Coast, the New York-based development company said Monday.
Wind power developers have struggled to make progress, however, due to supply chain issues, higher interest rates, and a failure so far to garner enough tax credits from the federal government.
Orsted, the Danish wind energy company, would build its first project about 13 to 15 miles off the coast of Atlantic City and Ocean City.
“Offshore wind development makes no sense from either an environmental or economic standpoint,” he said.
It is pursuing another offshore wind project in New York about 50 miles south of Jones Beach.
Persons:
—, Damian Bednarz, ”, “, Bednarz, Orsted, Robin Shaffer, ___, Wayne Parry
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Energy, Associated Press, Community, Grid, Office, New, New Jersey Wind, Corio, Twitter
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