In a June 4 filing with the New Jersey Board of Public Utilities (BPU), wind farm developer Atlantic Shores formally requested the termination of the order approving its offshore wind project near Long Beach Island and Atlantic City. Calling the project no longer viable, the company remained supportive of New Jersey’s goals for offshore wind, pointing out the need the state has for increased electrical generation.
Since the beginning of the year, Atlantic Shores lost its partner Shell plc when the company pulled out of the project. One month later French energy giant EDF Group took a massive 940 million euro write-down on the effort.
Confronted with the loss of major supporters, strong opposition from community groups and local governments, hostility from the Trump administration and the loss of a key EPA air quality permit preventing the start of construction, Atlantic Shores threw in the towel.
Calling the move a “reset” Atlantic Shores underscored its belief that the project is an important one for New Jersey but the political and economic uncertainty was too great for the company.
Atlantic Shores had received all of its federal permits in October 2024 only to have the key environmental permit withdrawn by the new administration.
Atlantic Shores inherited the lead position among the state’s offshore wind commitments when the Danish firm Orsted withdrew from its Ocean Wind projects in October 2023.
