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The Independent UK

National

Wayne Parry

Orsted scraps 2 offshore wind power projects in New Jersey, citing supply chain issues

Orsted New Jersey wind power Joe Biden Supply chain Mads Nipper Phil Murphy United States

Copyright 2023 The Associated Press. All rights reserved.

Danish energy developer Orsted said Tuesday night it is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to a nascent industry the Biden administration and many state governments are counting on to help transition away from the burning of planet-warming fossil fuels.

The company said it is canceling its Ocean Wind I and II projects in southern New Jersey, citing supply chain issues and rising interest rates.

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