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Senator Schepisi Introduces Bill to Shield Ratepayers from Offshore Wind Project Costs

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the staff of the Ridgewood blog

Trenton NJ, Senator Holly Schepisi (R-39) introduced a legislative initiative aimed at shielding utility customers in New Jersey from shouldering the financial burdens associated with subsidies for future offshore wind projects.

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NJ Senator Paul Sarlo Wants $100 Million Refund from Orsted’s Escrow for Abandoning Commitment

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the staff of the Ridgewood blog

Wood-Ridge NJ, Senator Paul Sarlo, the chairman of the Senate Budget Committee, issued the following statement on Orsted’s plan to abandon its agreement to construct the Ocean Wind 1 and 2 wind farms:

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11 Coastal Groups Welcome Orsted’s Abandonment of Ocean Wind 1 & Ocean Wind 2

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the staff of the Ridgewood blog

Ocean City NJ, a group of 11 grassroots groups representing coastal waters and communities against the industrialization of the Atlantic Ocean through Offshore Wind Turbine development welcome the  announcement by Danish energy conglomerate Orsted that it was abandoning development on its Ocean Wind 1 and Ocean Wind 2 offshore wind projects along the Jersey Shore. The announcement marks an important milestone in the coalition’s ongoing fight against offshore wind industrialization along the East Coast.

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Murphy Administration Knew about Orsted’s Cancellation a Week Before an Official Announcement

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the staff of the Ridgewood blog

Trenton NJ, Senate Republican Leader Anthony M. Bucco and Senator Michael Testa issued a joint statement in response to confirmation that the Murphy administration knew about Orsted’s decision to pull the plug on offshore wind and tipped off Trenton Democrats before the announcement on October 31.

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Protect Our Coast: Orsted’s Decision to Cease Development of Ocean Wind 1 & 2

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the staff of the Ridgewood blog

Ocean city NJ, Protect Our Coast issues the following official statement Orsted’s decision to cease development of Ocean Wind 1 & 2:

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Orsted Debacle, Time to Reconsider Governor’s Energy Master Plan

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the staff of the Ridgewood blog

Trenton NJ, Senator Michael Testa and Senate Republican Leader Anthony M. Bucco sent a letter to Governor Murphy demanding a fiscal audit and documents related to interactions with the foreign wind developer Orsted after the company announced they were pulling the plug on New Jersey’s offshore wind project.

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Ørsted Ceases Development of its New Jersey US Offshore Wind Projects Ocean Wind 1 and 2

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the staff of the Ridgewood blog

Following decisions of its Board of Directors, Ørsted will cease development of the Ocean Wind 1 and 2 projects and has taken final investment decision on the Revolution Wind project. The decisions are part of an ongoing review of Ørsted’s US offshore wind portfolio.

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FOREIGN OFFSHORE WIND DEVELOPERS SEEK MORE US SUBSIDIES TIME FOR A MORATORIUM AND REBOOT

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the staff of the Ridgewood blog

LBI NJ, under the guise of saving the planet from climate change and providing long term economic growth the federal government and the State have been extremely generous to foreign wind energy companies
with your money and environment. This generosity includes: federal tax credits, increases in electric bills, taxpayer funding of onshore support facilities, additional direct subsidies, a weakening of the
environmental impact statement process, and the potential for your children to pick up the tab for removing the turbines, substations and cabling in the future.

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6 People Arrested During Offshore Wind Farm Protest in Ocean City

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photos courtesy of Jacqui Delario

the staff of the Ridgewood blog

Ocean City NJ, six protesters were arrested on Tuesday afternoon for interfering with workers prepping an area for offshore wind farms in Ocean City. The protest was against the surveys for Orsted’s Offshore Wind farms.

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Are Wind Mills the Worst Federal “Investment” in History?

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the staff of the Ridgewood blog

Atlantic City NJ, thanks to supply chain blockages, the price of wind turbines has increased 40 percent over the last two years, and the industry is now saying it needs even more billions of tax dollars to survive.

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All Eyes On Trenton Democrats After Orsted $1 billion NJ Taxpayer Bailout

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the staff of the Ridgewood blog

Trenton NJ, Republican Senate Leader, Senator Anthony M. Bucco blasted Democrats for approving a $1 billion bailout of foreign wind developer, Orsted, after a press release from the company indicated strong first half profits in their offshore wind business.

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New Jersey’s Offshore Wind Farm Developer Misses Earnings Expectations

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the staff of the Ridgewood blog

Atlantic City NJ, , Denmark’s Orsted (ORSTED.CO), the world’s No. 1 offshore wind farm developer, on Thursday reported second-quarter operating profit below expectations and confirmed its full-year guidance. Second-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) excluding new partnerships fell 8% from a year earlier to 3.32 billion Danish crowns ($489.56 million), compared with the 3.85 billion expected by analysts in a Refinitiv poll. Orsted kept its 2023 forecast for EBITDA excluding new partnerships unchanged at between 20 billion and 23 billion crowns.”However, compared to the guidance provided in our annual report for 2022, we now expect higher earnings in Offshore than initially announced,” Chief Executive Mads Nipper said in a statement. ($1 = 6.7816 Danish crowns)

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Governor Murphy Trying to Turn Our Ocean into an Industrial Power Plant at Any Cost

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by Lisa Fabrizio. Linden and Patricia Quattrocchi, Clark Candidates, NJ General Assembly LG 22

Trenton NJ, in 2020 Gov. Phil Murphy declared, “Offshore wind is a once in-a-generation opportunity to not only protect our environment, but also greatly expand our state economy in a way that has
immediate impacts and paves the way for long-term growth. “Source: nj.gov ‘’ This remains to be seen.

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SAVE RIGHT WHALES NEW JERSEY CALLS FOR FURTHER DELIBERATIONS ON IMPACT OF OFFSHORE WIND TURBINE DEVELOPMENTS

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the staff of the Ridgewood blog

LONG BEACH ISLAND NJ,  With less than 10 days left in the New Jersey legislative session Save Right Whales is calling on legislators to not bring special legislation to the floor that experts say will have devastating effects on the state’s coastlines and is opposed by the majority of residents living along the Jersey Shore.

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New Data Suggests Whale Deaths Surge is in Tandem with and Proximity to Offshore Wind Survey Vessel Activities

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the staff of the Ridgewood blog
Ridgewood NJ, new independent data suggests whale deaths surge is in tandem with and proximity to offshore wind survey vessel activities. Period. Chart updated thru June 5, 2023. This data proves the correlation and real linkage, a fact that NOAA  ignores.

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