The Leading Light Wind project, a proposed offshore wind farm off the coast of New Jersey, has requested a second delay, pushing its completion date to May 2025. Developers Invenergy and energyRe cite significant price volatility in the offshore wind equipment market and supply chain difficulties as reasons for the delay. The project has faced criticism from both New Jersey Republicans and some environmental groups. It also comes at a politically sensitive time, with President-elect Donald Trump, who opposes offshore wind development, set to take office soon.
The project, called Leading Light Wind, was first delayed in September as developers Invenergy and energyRe struggled to secure a manufacturer for the dozens of turbine blades needed for the massiveThe first delay ended on Dec. 20 and one day prior, the New Jersey Board of Public Utilities was asked to approve an additional pause through May 20, 2025.
The project is to build an offshore wind farm around 40 miles off Long Beach Island. It will consist of 100 turbines and could generate enough power for up to 1 million homes. GE Vernova, one of the top turbine manufacturers in the world, has said it would not build the turbines developers planned to use. Additionally, manufacturer Vestas was not deemed suitable to partner with, and Siemens Gamesa Renewable Energy said it would be increasing its prices.
Energy OFFSHORE WIND ENERGY DEVELOPMENT SUPPLY CHAIN POLITICS
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