New Jersey's regulator of public utilities announced on Monday that it will not award new contracts for offshore wind, just days after Shell pulled out of the one project where a final bid had been submitted.

The New Jersey Board of Public Utilities, in a press release, cited both Shell’s withdrawal from

The Atlantic Shores Project

Uncertainty regarding federal support of the industry.

The BPU president, Christine Guhl Sadovy, stated that the Board had concluded, despite all the benefits offered by the offshore wind industry to New Jersey, it would not be responsible at this time to award the contract.

In the first week of this month, U.S. president Donald Trump

Federal offshore wind leasing suspended

Wind turbines are expensive, ugly and harmful to wildlife, according to a recent environmental and economic review. (Reporting and editing by Mark Porter; Nichola Groom)

(source: Reuters)