Part of the project, Atlantic Shores 1, retains a contract from 2021 with the Board of Public Utilities to develop enough offshore wind energy to power over 700,000 homes. But now, the project is unlikely to start construction in 2025 as initially planned, said Head of External Affairs Terence Kelly.
“This really does stall things,” Kelly said.
Without a power purchase agreement, a wind project cannot move forward to construction, Ohleth said.
“Until you actually have a customer — the customer being the state, the state buying the power through the procurement process — there is no project,” she said. “It is singularly the most important thing for a developer to have.”
Atlantic Shores could…
