Governor Phil Murphy announced the signing of a Letter of Intent (LOI) between the New Jersey Department of Economic Development (NJEDA) and Atlantic Shores Offshore Wind LLC (Atlantic Shores). Windport at Lower Alloways Creek in Salem County.
Atlantic Shores, a 50:50 joint venture between EDF Renewables and Shell New Energies, will initially use the New Jersey wind farm to marshal 1.5 GW.Atlantic Shores 1An offshore wind project off the coast of New Jersey being developed by Atlantic Shores Offshore Wind Project 1, LLC. It is expected to generate enough energy to power over 700,000 homes.
“Atlantic Shores’ commitment in Salem County affirms Windport’s critical importance to the nation’s offshore wind industry and to a more robust and sustainable New Jersey economy.” Governor Murphy said.“New Jersey’s leadership in offshore wind power is increasing, offering significant catalytic investments, career opportunities that sustain families, and the promise of a healthier environment for future generations.”
Atlantic Shores’ use of the port is expected to create approximately 200 direct jobs, including trading, port stevedoring, pre-assembly and installation technicians and project management personnel, contributing to the local and regional economy. Indirect benefits are expected. Atlantic Shores is her second wind development company to execute her LOI on port usage, following her LOI with Oersted in April 2022.
NJEDA CEO Tim Sullivan said: “Gov. Murphy has worked with Congress to create an environment that supports businesses that share this administration’s commitment to promoting clean energy and equitable and inclusive economic growth.”
Sullivan said one of the key benefits of the New Jersey windport for offshore wind developers is the ability to co-locate with Tier 1 component manufacturers. This proximity allows cost efficiency of installation to the ultimate benefit of New Jersey toll payers.
The agency has issued notices to lease in late 2021 and has collected 16 offers. Negotiations are underway with several Tier 1 component manufacturers to establish a turbine plant at the port, and NJEDA expects to make further announcements later in 2023.
“Atlantic Shores is excited to partner with NJEDA and utilize the New Jersey Wind Port to bring together the materials and resources needed to bring New Jersey’s largest offshore wind project to life. “The location provides excellent barrier-free waterside access for vertical transportation of the assembled turbines and allows us to take advantage of New Jersey’s highly skilled talent pool and strong workforce development programs. Atlantic Shores is proud to contribute to New Jersey’s infrastructure and clean energy economy with our nacelle assembly facility.”
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