New Jersey Gov. Phil Murphy has signed a bill giving a tax break to Danish offshore wind developer Orsted for the first of two energy projects it plans to place in the waters off the Jersey Shore.
UKRAINE - 2021/11/05: In this photo illustration, Orsted A/S logo of a Danish multinational power energy company is seen displayed on a smartphone and a pc screen. New Jersey Gov. Phil Murphy signed a bill Thursday giving a tax break to Danish offshore wind developer Orsted for the first of two energy projects it plans in the waters off New Jersey.
Before the ink was dry on that bill, he faced pressure from another offshore wind company looking for similar assistance. "If we don't figure out a solution, this doesn't get done in New Jersey," Murphy said after the ceremony at the Paulsboro Marine Terminal, where the huge supporting structures for wind turbines, called monopiles, are manufactured. "We know war in Europe, inflation, supply chain — these projects have gotten a lot more expensive, and we're not the only place that's dealing with that.
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