Translator Disclaimers
For Immediate Release: Contact: Tracy Munford
Date: 02/3/2025 609-940-1099
“The Board will not proceed with an award in New Jersey's fourth offshore wind solicitation," said Christine Guhl-Sadovy, President, New Jersey Board of Public Utilities. "There were three initial bidders in the fourth solicitation. However, two bidders withdrew and only Atlantic Shores submitted a best and final offer."

 

Guhl-Sadovy continued, “A number of reasons led to this decision, notably Shell backing out as an equity partner in the Atlantic Shores project and backing away from the American clean energy market, as well as uncertainty driven by federal actions and permitting. The Board concluded that an award in New Jersey's fourth offshore wind solicitation, despite the manifold benefits the industry offers to the state, would not be a responsible decision at this time. Offshore wind still represents a once-in-a-generation economic development opportunity and is key to helping the region and country achieve energy independence. The Board is committed to working with Governor Murphy and our sister state agencies to build a successful offshore wind industry in New Jersey. We are also deeply appreciative of Atlantic Shores’ work and their commitment to providing a cleaner and healthier future.”

 

About the New Jersey Board of Public Utilities (NJBPU) 

NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. The Board has general oversight and responsibility for monitoring utility service, responding to consumer complaints, and investigating utility accidents. To find out more about NJBPU, visit our website at www.nj.gov/bpu.