Shell did not come out as the winner in the tender for a large American wind power park. The state of New Jersey awarded the development of an offshore wind farm of 1100 megawatts off the coast of Atlantic City on the Danish coast of Ørsted. This is the largest tender of such a project ever by an American state.
The Danes proposal was unanimously approved by the five-member Board of Public Utilities of New Jersey. The panel also reviewed proposals from Norway’s Equinor and a joint venture between EDF Renewables North America and Shell New Energies US. But they didn’t get it. No financial details were released.
Wind energy was until now a bit of a poor child in the United States. Now there is only one offshore wind farm in the country: one of 30 megawatts at Rhode Island. Connoisseurs anticipate catching up in the coming years.
Governor Phil Murphy of New Jersey wants to have around 3500 megawatts of offshore wind farms in his state alone by 2030. Neighboring New York is even aiming at 9000 megawatts in 2035. That should be enough to supply 6 million households with electricity.
Maurice Esma, a co-founder of EconomicInform is a freelance journalist with the expertise in international finance and corporate rights. The author can be reached by email maurice.eisma@economicinform.com
