Atlantic Shores is the new joint venture between EDF Renouvelables and Shell New Energies.
The project is expected to generate 1.5 GW of offshore wind power, supplying over 700,000 homes in New Jersey.
Atlantic Shores to supply more than 700,000 homes
EDF Renouvelables and Shell New Energies are cooperating on the development of a major offshore wind project in New Jersey.
Located 10 to 20 miles off the coast, on more than 180,000 acres, the project will produce 1.5GW of capacity.
It will supply more than 700,000 homes with low-carbon electricity and enable the region to diversify its energy mix.
An investment for 2024
To date, the Atlantic Shores project remains in the design phase.
Construction is scheduled to begin in 2024.
To this end, the companies have invested in a number of initiatives essential to its successful development.
These include an innovative 10 MW green hydrogen pilot project, in partnership with South Jersey Industries.
Similarly, in partnership with the New Jersey Wind Port, a turbine nacelle assembly center is under construction.
Nevertheless, hiring and training local workers for the construction and maintenance of the project remains their first investment.
A project to revitalize New Jersey
Atlantic Shores is the largest project in the region, a major benefit for New Jersey.
Indeed, it is guaranteed to bring nearly $850 million in benefits to the state.
It is also the 3rd largest project in the United States and the 2nd largest offshore wind project in the country.
The companies’ ambition is to make New Jersey the national leader in green electricity.
Shell, in particular, aims to fully decarbonize its production by 2050.
What’s more, from construction to decommissioning, the project will create several thousand well-paid jobs.
A project that will certainly boost the region’s job market and economy.
Shell and EDF invest in universities
The Atlantic Shore project also involves significant investment in the state’s leading universities.
In this way, the companies hope to develop interest and skills in wind power for the next generation, for future recruitment.
So, while the project plans to build 1.5 GW of power generation, a potential evolution up to 3 GW is being considered.
However, this would require greater expertise and investment than that currently provided by EDF and Shell.
The project, currently in early development, remains subject to change.