Jan 31, 2025 · Offshore wind foes, who are particularly vocal and well-organized in New Jersey, celebrated Shell’s withdrawal. Republican Rep. Jeff Van Drew, of New Jersey, helped the Trump team draft the executive order. He said Shell’s decision is a “big win” for New Jersey’s coastline and economy but “this fight is not over.”

Jan 30, 2025 · NEW: Another major blow to the offshore wind scam! Shell is pulling out of the Atlantic Shores project, writing off nearly $1 billion as the industry collapses under its own weight.https://t.co ...

Jan 31, 2025 · In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.

Jan 30, 2025 · It comes on the heels of recent attacks on offshore wind by President Donald Trump. On his first day in office, Trump issued a temporary ban on offshore wind and within days personally attacked New Jersey's quest to build wind farms, calling it "a disaster" on his Truth Social media platform, and saying he wanted the projects "dead and gone."

Feb 3, 2025 · The New Jersey Board of Public Utilities (BPU) has canceled its fourth offshore wind solicitation amid significant market challenges and Shell’s withdrawal from the Atlantic Shores project.. The ...

Jan 31, 2025 · Shell is not the first company to pause or drop investments in offshore wind projects along the Jersey Shore. In 2023, Danish wind developer Ørsted pulled out of two planned projects off the coast of Atlantic City, citing supply chain issues, inflation and rising interest rates.

Jan 31, 2025 · In a significant development for the United States energy sector, the oil and gas giant Shell has decided to withdraw from a major offshore wind energy project off the coast of New...

Feb 1, 2025 · Oil and gas giant Shell announced on Thursday its withdrawal from a major offshore wind power project off the coast of New Jersey. Shell, co-owner of the Atlantic Shores project, cited increased competition, delays, and changing market conditions as …