The decision was the latest in a series of setbacks for the offshore wind industry in the northeast. But he insisted the industry will succeed in New Jersey, noting that the state will solicit yet another round of project proposals soon.
Murphy said Orsted was facing the same supply chain, inflation and other challenges that competitors in the offshore wind industry face. He noted that Orsted was required to put up an additional $200 million to benefit the state’s offshore wind industry, and said he would make sure the company abides by that obligation. “As recently as several weeks ago, the company made public statements regarding the viability and progress of the Ocean Wind I project.” “Today’s decision by Orsted to abandon its commitments to New Jersey is outrageous and calls into question the company’s credibility and competence,” the Democratic governor said.
Murphy, who took significant political heat for the tax break, reacted angrily to Orsted’s decision to walk away from New Jersey.
