Shell and EDF invest in wind

EDF Renewables North America and Shell New Energies have announced that their joint venture, Atlantic Shores Offshore Wind will be developing a lease of 183,353 acres in the New Jersey Wind Energy Area (WEA).

The lease on the area could potentially produce 2.5GW of offshore wind energy from the area, eight miles off the coast of Atlantic City.

Shell first entered the onshore wind business in the US in 2001, and has interests in five operational onshore wind power projects in North America and one operational offshore wind farm in Europe. Shell is also part of a consortium that will build and operate the Borssele 3&4 wind farms in Europe.

“Shell has bold ambitions to grow our renewable power business and we see great potential in US offshore wind,” said Dorine Bosman, VP Shell Wind Development. “Gaining access to this acreage in New Jersey complements our successful entry to Massachusetts and our existing renewable generation business. Building on the strength of our brand and global presence allows us to continue providing our customers with more and cleaner energy.”

For EDF too, the potential of the site helps support EDF Group’s aim to double global renewable capacity to 50GW by 2030. EDF Renewables already has 2.8GW of offshore wind in development or operation in Europe (Belgium, France, Germany and UK).

Atlantic Shores Offshore Wind will begin working to complete a site assessment plan and initiate formal development efforts on the site, and subject to a positive final investment decision, could bring the wind farm into operation by the mid-2020s.

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