Atlantic Shores Offshore Wind project canceled

June 10, 2025
EDF Renewables cites soaring inflation, supply chain disruptions, and federal permit freezes as causes for termination.

EDF Renewables North America has submitted a request to the New Jersey Board of Public Utilities (NJBPU) seeking to terminate its Atlantic Shores Offshore Wind project, according to multiple sources.

The developer reportedly filed the motion last week to terminate its state-awarded renewable energy certificates previously awarded to the project under New Jersey’s 2021 solicitation. 

According to the motion, EDF Renewables had invested hundreds of millions in pre-construction work, including permits, interconnection agreements, supply-chain contracts, community support, and workforce development.

The project’s cancelation follows major setbacks, including Shell’s withdrawal as a partner in January 2025 with a $996 million impairment, and the cancelation of New Jersey’s fourth offshore wind solicitation in early February 2025.

The project encountered further obstacles when the Environmental Protection Agency suspended permits in March. Before the suspension, the project had received approval for up to 200 wind turbines said to be capable of generating 2,800 megawatts of power.

In its formal petition to the New Jersey Board of Public Utilities, Atlantic Shores Offshore Wind cited soaring inflation, supply chain disruptions, and—most critically—the federal freeze on offshore wind permitting initiated by the Trump Administration in January. 

That executive action, followed by the EPA’s revocation of a key air permit in February, effectively halted the project’s progress. Despite investing hundreds of millions into early development, Atlantic Shores states that the regulatory and economic landscape had shifted too drastically to continue under the original terms.

Last year, Atlantic Shores had rebid the project in New Jersey’s fourth solicitation to secure better terms, but the NJBPU cancelled the solicitation in February, also citing uncertainty caused by recent federal actions.