Current:Home > ScamsA Second Wind For Wind Power? -WealthTrail Solutions
A Second Wind For Wind Power?
View
Date:2025-04-16 23:08:58
About two years ago, New Jersey's Democratic Governor Phil said that the state would be partnering with the Danish company Orsted, the largest developer of offshore wind projects in the world.
The company had agreed to build Ocean Wind 1, the state's first offshore wind farm, powering half a million homes and creating thousands of jobs in the process.
The following year, Orsted inked another deal with the state for Ocean Wind 2, a second offshore wind farm with similar capacity. After years of review, the projects were approved in summer 2023. Construction of the first turbines was slated to begin in the fall.
And then Orsted backed out, cancelling the contracts full stop.
Despite the setbacks, Murphy is still all-in on wind. A month after Orsted dropped out, Murphy directed the state's Board of Public Utilities to seek new bids from offshore wind developers. And the state just approved two new offshore wind contracts.
After several setbacks, could this mean a second wind for offshore wind?
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Email us at [email protected].
The episode was produced by Avery Keatley. It was edited by Sadie Babits and Courtney Dorning. Our executive producer is Sami Yenigun.
veryGood! (24)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Remembering Quincy Jones: 10 career-spanning songs to celebrate his legacy
- Federal agencies say Russia and Iran are ramping up influence campaigns targeting US voters
- Baron Browning trade grades: Who won deal between Cardinals, Broncos?
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- 3 charged in connection to alleged kidnapping, robbery near St. Louis
- A look at the weather expected in battleground states on Election Day
- Mariah Carey Posing With Her Christmas-Themed Wax Figure Will Make Your Wish Come True
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Cardinals rushing attack shines as Marvin Harrison Jr continues to grow into No. 1 WR
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Horoscopes Today, November 2, 2024
- When's the next Federal Reserve meeting? Here's when to expect updates on current rate.
- Florida prosecutor says 17-year-old suspect in Halloween fatal shootings will be charged as adult
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Boeing factory workers vote to accept contract and end more than 7-week strike
- Mexico’s National Guard kills 2 Colombians and wounds 4 on a migrant smuggling route near the US
- The Best Dry Shampoo for All Hair Types – Get Clean & Refreshed Strands in Seconds
Recommendation
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Wisconsin Republicans look to reelect a US House incumbent and pick up an open seat
Abortion is on the ballot in nine states and motivating voters across the US
Horoscopes Today, November 4, 2024
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
Authorities used justified force in 5 shootings, Mississippi attorney general says
A look at the weather expected in battleground states on Election Day
32 things we learned in NFL Week 9: Any teams making leap at trade deadline?