Atlantic Shores Wind Project 1 and 2 will power more than 1 million homes
July 2 2024
Atlantic City, NJ (July 2, 2024) – Atlantic Shores Offshore Wind (Atlantic Shores) announced that the Bureau of Ocean Energy Management (BOEM) has issued its Record of Decision (RoD) for Atlantic Shores Project 1 and 2.
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New Jersey has established the goal to achieve 100% clean energy by 2035, with offshore wind projected to create 11,000 megawatts of power by 2040. Atlantic Shores Project 1 has an offtake agreement to generate 1,510 MW of offshore wind energy, enough to power over 700,000 homes. Combined with Project 2, the entire lease area will produce enough clean energy to power more than 1 million New Jersey homes.
“Atlantic Shores is thrilled to receive Record of Decision from the Biden Administration. This milestone brings us one step closer to delivering New Jersey’s first offshore wind projects and for the state achieving its ambitious goal of 100% clean energy by 2035,” said Joris Veldhoven, Chief Executive Officer, Atlantic Shores Offshore Wind. “We are grateful to BOEM, Tribal Nations, and the consulting agencies for their rigorous evaluation in coordination with the extraordinary Atlantic Shores permitting team. We recognize the significance of this milestone and we’re excited to work with our supply chain partners to continue making near-term investments and creating great paying union jobs.”
“Today’s announcement is the direct result of more than 5 years of stakeholder engagement and more than 40 environmental studies to safely and responsibly progress Atlantic Shores Project 1 and 2,” said Jennifer Daniels, Development Director, Atlantic Shores Offshore Wind. “I am so proud of our team’s tireless efforts to secure these critical approvals and bring us one step closer to delivering clean energy to more than one million homes.”
Atlantic Shores is committed to helping New Jersey meet its renewable energy goals through the offshore wind projects while also driving New Jersey’s economy through job creation and workforce development. Atlantic Shores Project 1 alone will bring $848 million in guaranteed local economic benefits to the state and have an overall economic impact of $1.9 billion for New Jersey.
Atlantic Shores remains dedicated to responsible development, environmental stewardship, and continued engagement with BOEM, regulatory agencies, and the local communities as we work towards a sustainable energy future for generations to come.
The Biden-Harris Administration’s announcement of Record of Decision (RoD) for Atlantic Shores Project 1 and 2 can be found here and for more information, please visit BOEM’s website.
About Atlantic Shores Offshore Wind
Atlantic Shores Offshore Wind, LLC (Atlantic Shores) is a 50:50 joint venture partnership between Shell New Energies US LLC and EDF-RE Offshore Development, LLC (a subsidiary of EDF Renewables North America). Both companies come with decades of experience developing onshore and offshore energy projects across the globe. Atlantic Shores is comprised of purpose-driven professionals dedicated to delivering its 5+ gigawatt offshore wind portfolio, strategically positioned to meet the growing demands of multiple east coast markets including New Jersey.
Read the full news release here
