Tag Archives: Ørsted

Ørsted shares fall 25% after it reveals troubles in US business

Shares in the world’s largest offshore wind company tumbled by nearly a quarter on Wednesday, after it said it may have to write down the value of its US portfolio by nearly £2bn. Ørsted said it had been hit by a flurry of setbacks in its American business, triggering a rapid sell-off in its shares, listed in Copenhagen. In their haste to dump the stock, investors had cut the notional value of the business by nearly £7bn by the time the market closed on Wednesday. It pointed to significant problems in the supply chain that are likely to affect Ocean Wind 1, Sunrise Wind, and Revolution Wind, planned windfarms off the eastern seaboard of the US. >>click to read<< 13:32

Survey: Support for wind energy drops in New Jersey

Support for offshore wind development in New Jersey has dropped dramatically in recent years as projects near construction, according to polling released Monday. Just over half of residents, around 54 percent, approve of offshore wind farm construction, according to the Monmouth University survey, a decrease from 76 percent in 2019 and 84 percent in 2011. At least 60 whales have died on the East Coast since preparations for the first project near Atlantic City began in December, but multiple studies from federal and state agencies have not found evidence linking the deaths with wind farms. The wind turbine projects have been celebrated by the state government and the Biden administration as ways to encourage green energy production in well-developed areas. >>click to read<< 15:45

CT, RI wind farm gets federal decision on environmental plan

One of Connecticut’s first two wind farms reached a major milestone on Tuesday, with the Bureau of Ocean Energy issuing a “record of decision” in the environmental review process for Revolution Wind, a prerequisite clearing the way for construction in the coming weeks. Revolution Wind will be located 15 miles off Point Judith, R.I., with partners Orsted and Eversource planning to sell the electricity generated by wind turbines to Connecticut and Rhode Island. That construction activity includes crews conducting multiple test pits near along the Quonset Business Park in North Kingstown, R.I., and at the substation where power from the wind farm will be brought ashore, and then converted for use on the regional electric grid. >click to read< 16:06

Murphy’s wind turbine project could be stopped by little ole Ocean City, N.J.

Whether you’re a Democrat, Republican or independent, you have to know Phil Murphy is as slick and slippery as they come. Rather than go through the Legislature for approval of his climate cult schemes, he does it through the regulatory process. This way you have no say in the matter. It just gets rammed through by way of the BPU or the DEP. They’re made up of unelected bureaucrats appointed by the governor. Back in March Murphy chose not to reappoint two people that might offer resistance to any of his climate cult nonsense, like getting rid of gas stoves, gasoline-powered cars or giant wind turbines off the Jersey Shore. >click to read< 14:53

Why offshore wind jobs may just be a lot of hot air

Offshore wind developers in the U.S. have promised to create thousands of “million-dollar” jobs. But those dollars won’t flow into New York workers’ paychecks. Rather, they’re just the sum total of the subsidies local taxpayers and utility ratepayers will expend to keep offshore wind afloat, as if New Yorkers’ electric bills aren’t high enough. Consider Ørsted, the Danish government-owned company that is developing the 12-turbine, 132-megawatt Southfork Wind and the 84-turbine, 924-megawatt Sunrise Wind projects, which will be built 30 miles east of Montauk Point, Long Island. Ørsted is also behind the 98-turbine, 1,100 megawatt Ocean Wind project along the southern New Jersey shore, which just rewarded it with several billion dollars in tax credits that were supposed to have been returned to New Jersey ratepayers According to Ørsted’s Southfork Construction and Operations Plan (COP), Southfork will require 166 construction workers each year during the two-year construction period and another 10 jobs each year for operation and maintenance over the project’s 25-year expected lifespan. >click to read< 09:35

Orsted hit with lawsuit over ‘$1bn unconstitutional giveaway’ for giant US offshore wind farm

Orsted’s gigascale Ocean Wind 1 offshore wind project is under threat from a lawsuit filed by opponents in the US state of New Jersey who claim the proposal has benefited from an “unconstitutional $1bn giveaway”. Legal counsel for opposition groups Protect Our Coast NJ and Defend Brigantine Beach said they filed the suit in the state’s Superior Court last week. Orsted’s gigascale Ocean Wind 1 offshore wind project is under threat from a lawsuit filed by opponents in the US state of New Jersey who claim the proposal has benefited from an “unconstitutional $1bn giveaway”. >click to read< 11:21

Offshore wind foes sue New Jersey and Danish turbine developer over tax break

The lawsuit was filed Thursday by two residents’ groups that are opposed to offshore wind projects and three electricity customers from Ocean City who seek to overturn the law. They say it gives Orsted about $1 billion in tax relief for one of the two windmill projects it plans to build off the state’s southern coast. The state Legislature passed a bill allowing Orsted to keep federal tax credits that it was obligated to pass along to ratepayers. In applying for permission to build the project, called Ocean Wind I, Orsted had promised to return such credits to customers. Bruce Afran, a lawyer representing two groups who brought the lawsuit – Protect Our Coast NJ and Defend Brigantine Beach – said the state is not permitted to enact laws that benefit only one party. >click to read< 09:55

Offshore Wind has a Cost Crisis

The horrific term “cost crisis” is not from me. It comes down from on high, in this case the mega-conference: US Offshore Wind 2023. But now they have a cost crisis. Could the bust be at hand? The evidence is piling up. So there are three converging factors. Higher material and equipment costs, higher interest rates and political resistance. For example it has not gone unnoticed that the House Republicans are trying to roll back the lush subsidies granted under the amusingly named Inflation Reduction Act. Local resistance is growing as well. The biggest developer offshore America is Ørsted and they are now suing New Jersey’s Cape May County and Atlantic City for withholding local permits needed to bring a big project’s power ashore. Anti-offshore wind demonstrations are becoming a common occurrence in coastal towns. >click to read< 08:02

The ‘very liberal’ doctor, the pro-GOP car dealer and the movement against offshore wind

This story is based on interviews with a dozen people who are organizing efforts to oppose offshore wind projects, as well as scientists and environmentalists. E&E News also reviewed tax documents, regulatory filings and emails obtained under New Jersey’s Freedom of Information Act. The wind opponents are gaining traction. Some Republicans in Congress have called for a moratorium on offshore wind projects. In New Jersey, where the debate has been particularly fierce, more than 40 mayors organized by a D.C. lobbyist called for a wind moratorium, and a recent poll found that more residents support halting wind projects (39 percent) than building them (35 percent). Wind detractors have packed public meetings in Rhode Island, and opponents have filed lawsuits in Massachusetts, New York and New Jersey to halt projects. >click to read< 14:49

American boat patrols waters around new offshore wind farms to protect jobs

A battleship-gray vessel was on the prowl. In this ramp-up for U.S. offshore wind, American marine companies and mariners fear they’ll be left behind. So Aaron Smith, president of the Offshore Marine Service Association, was looking through binoculars to see whether ships servicing the new wind farms were using foreign-flagged vessels instead of U.S.-made ships with American crews. The ship is named the Jones Act Enforcer, after the century-old law that says the transport of merchandise between U.S. points is reserved for U.S.-built, owned and documented vessels. The motto: “We’ll be watching.” Smith was documenting operations to show to federal law enforcement officials and members of Congress. 15 Photos, >click to read< 10:02

Ocean City calls wind power plans ‘a crazy gamble’

With a wind power project proposed off the beach taking a big step forward this week, Mayor Jay Gillian on Thursday criticized the approval process and called offshore energy production “a crazy gamble.” City officials have expressed skepticism about the Ocean Wind 1 project since its proposal, but at the City Council meeting, Gillian went farther than usual, offering a blunt assessment of the project, describing the approval process as rushed and suggesting most of the benefits would flow to a foreign company. Gov. Phil Murphy and company representatives celebrated the approval Wednesday. But the reaction was far different in Ocean City. “Despite the thousands of pages of paper masquerading as a complete review of the project’s impact, we still have absolutely no idea what this will cost the state’s taxpayers and ratepayers, and what benefits we might see in return,” >click to read< 10:58

The dirty details of offshore wind’s ‘clean energy’

“In New Jersey, it’s go hard or go home,” Gov. Phil Murphy Tweeted after signing an executive order to up the state’s offshore wind goals by nearly 50% last September. Perhaps, the governor didn’t consider the fact that those in the state who question the perils and efficacy of offshore wind turbines are playing by the same saying. This “clean energy economy,” as conceived and fast-tracked by the Biden administration (and treated as the holy grail by Gov. Phil Murphy), has been shoved down the throats of those who live in shore communities, even though the risks to every aspect of marine life are poorly understood and little evidence exists that wind energy will make a noteworthy impact on climate change. By Linda Bonvie, >click to read< 09:53

Corporate Welfare: Lawmakers pass controversial bill to give tax break to offshore wind developer

Lawmakers narrowly advanced fast-tracked legislation Friday that would give a Danish company a multimillion-dollar tax break for its offshore wind project, despite objections from Republicans who slammed it as “corporate welfare.” The bill would allow Ørsted, the company approved to build a 1,100-megawatt project 15 miles off the Atlantic City coastline, to keep federal tax credits that otherwise would return to ratepayers. The value of the credit would be $2.40 per year per ratepayer, by Ørsted’s estimate, but the company’s total potential savings is unclear. Critics questioned why legislators should give “a corporate bailout to a foreign company on the backs of New Jersey ratepayers,” as Assemblywoman Vicky Flynn (R-Monmouth) put it. >click to read< 09:25

Offshore Windfarms Threaten to Pull Out of Uneconomical Contracts

A string of offshore wind projects meant to power Britain are in jeopardy after the global race to net zero sent costs soaring, casting doubt over the industry’s future as a cheap source of energy. A surge in supply chain costs has pushed up the price of wind turbines, while increases in global interest rates have raised refinancing costs substantially. It has made several projects unviable just a year after they won government subsidy contracts – leading to fears from industry insiders that Britain’s future is in jeopardy as the “Saudi Arabia of wind”. Schemes developed by Danish company Ørsted and Swedish player Vattenfall are among other projects understood to be at risk, as the industry seeks more government help to ensure projects remain viable. >click to read< 09:30

Offshore wind foes in New Jersey gathering force legally and politically

Opponents of offshore wind energy projects in New Jersey are gathering force legally and politically as they seek to snuff out the nascent industry. Within the last week, three residents groups sued New Jersey over a key approval of its first planned wind farm; the research arm of Congress agreed to investigate the impact of offshore wind on the environment and other areas; and lawmakers in two counties most heavily impacted by wind farms stepped up their efforts to block the projects. Save Long Beach Island, Defend Brigantine Beach, and Protect Our Coast NJ filed an appeal Friday in state Superior Court of New Jersey’s determination that the Ocean Wind I project is consistent with state coastal management rules. >click to read and comment< 08:55

Not So Fast, Orsted

Three groups have filed suit in Superior Court challenging New Jersey DEP’s approval of the Ocean Wind 1 project consisting of nearly 100 turbines to be located 15 miles off New Jersey’s busiest beach communities. In papers filed in New Jersey’s Appellate Division, Save LBI, Defend Brigantine Beach and Protect Our Coast NJ said that the turbines, at least 906 feet in height (with their blades, nearly as tall as the Empire State Building), will be fully visible from New Jersey’s beaches and will crush and destroy the seabed, each tower weighing up to five million pounds. >click to read< 07:59

Wind Farm Opponents to Host Fundraiser For Legal Defense Fund

For nearly four years, opponents of a proposed offshore wind farm that they say could negatively affect marine life, tourism, the commercial fishing industry and wildlife have held protests and signed petitions calling for a halt to the project by Danish energy company, Orsted. Protect Our Coast NJ founder Suzanne Hornick, of Ocean City, said the time is now to stop offshore wind farm projects to protect the environment. “Protect Our Coast NJ is fighting to protect our coastal community and our ocean from the extreme industrialization currently planned for our shores,” Hornick said. “We know that the proposed projects which could see thousands of gigantic turbines and substations off our coast will destroy our community, quality of life, economy, ecosystem, food supply, national security, and more.” >click to read< 07:55

Wind Farm Protesters March in Ocean City

Opposition to the wind farm has been mounting following more than 30 whale deaths along the East Coast that critics have blamed on sonar mapping of the seabed that is needed for construction of the project. However, government agencies such as the National Oceanic and Atmospheric Administration and the New Jersey Department of Environmental Protection say the recent deaths of whales, dolphins and other marine creatures in New Jersey and other coastal states have nothing to do with the wind farm work. They say evidence shows that most of the whales were struck and killed by shipping traffic. Opponents reject those claims, though. During Saturday’s protest, speakers pointed the finger at the wind farm for the whale deaths and warned of other possible dire impacts that the project could have on the Jersey Shore’s environment, the tourism industry and commercial fishing operations. Photos, Video, >click to read< 07:55

Cape May County to fight Ørsted, Ocean Wind 1, 2

“At first, the County of Cape May was interested in trying to work with Ørsted to find a way forward, perhaps with some modifications to the project to reduce visual, environmental and economic impacts,” Commission Director Len Desiderio said in a release issued by the county. “We would like to see land-based offshore wind facilities and supply-chain infrastructure built here in New Jersey, since that would create good opportunities for trade workers and others. But we cannot sit quietly by as hundreds of windmills are installed off our beaches as state and federal government agencies ignore our legitimate and serious concerns. “As time went by, it became clear that Ørsted was not interested in finding any compromise,” Desiderio said. “It is clear to us now that the approach among this foreign corporation and their partners in the state and federal governments is to build these things as fast as they can despite the potential for devastating environmental and economic impacts. >click to read< 09:42

Offshore wind moves forward amid calls for marine life studies

The offshore wind sector is taking shape every day in New Jersey while calls continue for a pause in activity to learn more about whether any of the work is connected to whale and dolphin deaths along the state’s beaches. “Today’s actions by NJDEP represent significant milestones and critical steps that are needed to advance the state’s first offshore wind project and bring clean, reliable energy and the associated economic benefits to the region,” said Maddy Urbish, Ørsted’s head of government affairs and market strategy, New Jersey. Ocean Wind 1 still needs additional state and local approvals, as well as clearance from the Bureau of Ocean Energy Management, before construction can begin. So far, the work has centered on ocean floor mapping using sonar technology. Those calling for the pause point to this work as a potential link, saying that the sonar can disorient marine life. >click to read< 11:31

New London: Does Orsted/Eversource charter of NL fishing boats violate city lease?

Many fishermen resent the interference in the waters they regularly use and suggest still-unknown harm will be done to undersea environments and marine life. But I didn’t realize until recently that wind partners Orsted and Eversource actually have a fishing fleet strategy, chartering some fishing boats to “scout” for their wind turbine work in offshore fishing waters. One fisherman I met recently, Rob Morsch, claims the big utilities are driving a wedge between fishermen by “buying off” some of them with thousands of dollars in daily charter fees. Morsch raises the interesting point that the mooring of the boats being used for offshore wind, he calls them “windmill boats”, is a violation of the city’s intent, with its low-cost rent, to have a fishing fleet based there. >click to read< 08:10

Letter to Mads Nipper, CEO, Ørsted

Dear Mr. Nipper, We write as concerned citizens and residents of the State of New Jersey, U.S.A. Our groups total tens of thousands of volunteer citizen advocates including more than 500,000 signatories to various petitions supporting our efforts. The NJ Shore is a national treasure enjoyed by millions who live and work, visit and vacation here and have done so for generations. On behalf of all the good people who love and enjoy the NJ Shore and its communities, please treat this letter as public notice that: We oppose your company’s efforts to turn our ocean, coastal ecosystems, and shore communities into industrial electricity generation and transmission power plants; We will protect our shore communities, the environment and the lives and livelihoods of all species including the millions of us that reside, work, visit and vacation here against your thoughtless industrialization; We will not falter, and we will not stop opposing your developments. >click to read< 11:48

Ocean City, Wind Farm Developer Clash in Legal Fight

The Danish energy company Orsted, which plans to build the Ocean Wind project, filed a lawsuit in state Superior Court on May 4 demanding that Ocean City should grant the permits needed for the underground transmission line. In response to the lawsuit, Ocean City Mayor Jay Gillian issued a statement strongly criticizing Orsted. “The lawsuit continues a pattern that Ocean Wind presumes the offshore wind project is a done deal and they will resort to any means to maintain their desired schedule,” Gillian said. >click to read< 14:50

Md. Gov. Signs Offshore Wind Legislation Into Law

Last Friday, Maryland Gov. Wes Moore signed the Promoting Offshore Wind Energy Resources (POWER) Act into law. Joined by representatives of offshore wind energy companies at the Tradepoint Atlantic facility in Sparrows Point, Moore highlighted several bills that will allow Maryland to reach its clean energy goals.” Today I’ve signed legislation to quadruple Maryland’s offshore wind energy goals, reduce greenhouse gas emission in our state, and to provide rebates to businesses that purchase electric vehicles,” he said. “Together we will build on the great work of our partners at Tradepoint Atlantic, Ørsted, and U.S. Wind to build the clean energy future we want to see in Maryland.” >click to read<  14:43

Anti-wind farm petition hits 500,000 signatures

An online petition drive in opposition to offshore wind farms following the deaths of dozens of whales along the East Coast has now hit a milestone of 500,000 signatures. Suzanne Hornick, an Ocean City resident and a founder of Protect Our Coast NJ, the independent grassroots organization that started the petition drive, said the goal is to collect a million signatures as a push continues to halt the wind farm projects. “Protect Our Coast NJ is absolutely thrilled that we have well over half a million signatures on our petition that was only started mid-January. Many of the signers are from states other than New Jersey up and down the East Coast,” Hornick said. “This is a wake-up call to every single politician. If a half a million people can come together against a single issue so quickly, imagine what we will be able to do going forward.” >click to read< 13:11

Blown Away: Offshore wind regulators ignore danger to fishing industry

“This industry, this group of people in the room today, really are the key to unlocking that clean energy future,” Beaudreau, the deputy secretary of the U.S. Department of the Interior, proclaimed at a conference hosted by the American Clean Power Association, a lobbying group largely funded by offshore wind developers. Just one year earlier, Beaudreau had been a corporate lawyer, earning part of his $2.4 million income from offshore wind developers. Then he was appointed to regulate the industry he was previously paid to represent. During Beaudreau’s tenure, developers including several of his former clients have gained preliminary or final approvals for an unprecedented expansion of offshore wind, despite repeated warnings from federal scientists about potential harms to marine life and the fishing industry. Photos, >click to read< 07:48

Intense reaction to wind/fishing investigation>click to read the comments< 4/25/2023

New Jersey: Van Drew leads chorus of condemnation of wind projects in Wildwood

If there were any fans of offshore wind energy proposals in the Wildwoods Convention Center on Thursday afternoon, they kept quiet during a congressional hearing on the issue, led by U.S. Rep. Jeff Van Drew, R-2nd. Over about 2½ hours, speakers dove into what they see as problems with the proposal for wind turbines off the coast of New Jersey and other Eastern states, and with the state and federal approval process they say favors the wind developers. The hearing was billed as “An Examination into Offshore Wind Industrialization.” After opening statements, which were each deeply critical of the wind power plans, the Congress members heard from environmental advocates, an attorney representing Cape May County, a fishing industry member and others. They did not hear from Ørsted, the Danish energy company that owns Ocean Wind 1, the offshore wind power project expected to be the first in operation off New Jersey. Photos, Video, >click to read< 07:43

“Save Our Whales” Rally on “World Whale Day” in Point Plesant Over Concerns of Recent Whale Deaths

Rep. Chris Smith (R-Manchester) called for immediate answers from the Biden Administration and Governor Murphy to the growing questions raised by him, county and local officials, environmental leaders, and concerned Jersey Shore residents over the massive offshore wind projects along the New Jersey-New York coastline in light of the recent unprecedented surge in whale deaths. The rally comes less than a week after a dead whale washed ashore in Manasquan and just two days after another dead whale washed ashore in New York, marking the ninth and tenth whale deaths in the area since early December. Photos, >click to read< 08:54

Offshore Wind: No measurable influence on climate change

Officially, offshore wind developers anticipate their projects will “have no measurable influence on climate change.” Knowing this, they offer a different rationale. In the “purpose and need” section of the draft environmental impact statement for Revolution Wind, Ørsted justifies the offshore wind project based on its ability to fulfill Rhode Island’s mandate for “renewable” energy. Meeting a political mandate differs rather significantly from combating climate change. Ørsted seems to understand this difference, but the public may not. No environmentally conscious individual wants to hear such depressing facts, including us. Despite numerous articles from pro-wind enthusiasts touting the promise of offshore wind, the carbon savings of these projects fail to justify their construction. >click to read this< 18:34

NJ governor: No pause in wind farm prep after 7th dead whale

New Jersey’s governor said Friday he does not think undersea preparations for offshore wind farms should be halted in response to a recent spate of whale deaths in New Jersey and New York. Democrat Phil Murphy spoke after lawmakers at the local, state and federal levels called for a temporary pause in ocean floor preparation work for offshore wind projects in New Jersey and New York after another dead whale washed ashore in the area. Also on Friday, most of New Jersey’s environmental groups warned against linking offshore wind work and whale deaths, calling such associations “unfounded and premature.” The death was the seventh in a little over a month. The spate of fatalities prompted an environmental group and some citizens groups opposed to offshore wind to ask President Biden earlier this week for a federal investigation into the deaths. >click to read< 07:45