the staff of the Ridgewood blog
LBI NJ, New Jersey’s offshore wind sector is facing new turbulence as Leading Light Wind has requested a pause on its offshore wind farm project off the coast of Long Beach Island. The company is asking the New Jersey Board of Public Utilities for an extension through late December to address supply chain issues, particularly the lack of a manufacturer for the turbine blades required for the project.
In a recent filing with the utilities board, Leading Light Wind revealed that despite ongoing efforts, it has been unable to secure a supplier for the necessary turbine blades. The project director, Wes Jacobs, cited “industry-wide shifts in market conditions” as the reason for the delay, explaining that the company needs more time to engage with both the board and potential supply chain partners.
While the project has encountered setbacks, Jacobs assured that Leading Light Wind remains committed to delivering the project, which promises to bring significant environmental and economic benefits to New Jersey. During the pause, the company plans to continue developmental activities, including ongoing surveys and preparation of its construction and operations plan.
The request has sparked both support and opposition. Protect Our Coast NJ, an organization opposing offshore wind projects, expressed satisfaction with the pause, criticizing the viability of building large-scale wind farms in the ocean, particularly along New Jersey’s coastline.
This isn’t the first offshore wind project in the state to hit obstacles. Nearly a year ago, Danish energy company Orsted scrapped two offshore wind farms off New Jersey, citing financial infeasibility. Meanwhile, Atlantic Shores, another offshore wind project, is also seeking to renegotiate its financial terms.
New Jersey remains a focal point for the national offshore wind debate. While some local communities and political groups express concerns over environmental impact and project profitability, supporters see offshore wind as a key solution to reducing reliance on fossil fuels and mitigating climate change. The state has set ambitious goals to become a hub for offshore wind, including the construction of a wind turbine manufacturing facility in southern New Jersey.
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“ the company needs more time to engage with both the board and potential supply chain partners.”
Translation: We didn’t lock in the price for very important components (turbine blades!) at contract signing before everyone else started buying them and will have to ask for much more money to finish the project.