New Jersey Board of Public Utilities Statement on New Jersey’s Fourth Offshore Wind Solicitation

“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.”