The study found no negative impact of offshore wind farms on property prices.

Ørsted addresses environmental impact on its website by providing a link to a study about the impact of wind farms on property prices in the journal Energy Policy from the universities of Copenhagen and Pretoria. Meanwhile, the Bureau of Ocean Energy Management published Ocean Wind 1’s Final Environmental Impact Statement on May 26, and it found that the project’s plans are responsible, and that it prioritizes the preservation of natural resources, wildlife, and other important environmental factors. They describe the offshore wind farm’s impact as “potentially devastating.” The County Board of County Commissioners and the Chamber of Commerce of Cape May, a county south of Atlantic City, opposes Ocean Wind 1 because it thinks it’s going to adversely affect marine life, and that “windmills will be visible from every beach in Cape May County,” according to a press release. This is a very exciting milestone, but not everyone in New Jersey thinks so. The state of New Jersey has set a goal of achieving 7,500 MW of offshore wind energy by 2035. The plan is for completion by the end of 2024. It will be located 15 miles southeast of Atlantic City. The 1,100 megawatt (MW) Ocean Wind 1, which is owned solely by Danish wind giant Ørsted, will consist of up to 98 GE Haliade X 12 MW turbines, and it will be capable of powering around 380,000 households. Ocean Wind 1 is creating hundreds of construction and permanent manufacturing jobs in South Jersey. The monopile foundation – that’s the steel tube that’s driven into the seabed – was built at EEW American Offshore Structures factory in Paulsboro, New Jersey, near Philadelphia. So that okays 98 turbines and up to three offshore substations. July 6 update: An even bigger milestone occurred yesterday – the US Department of the Interior announced the approval of the construction and operation of the Ocean Wind 1 project. The first monopile for Ocean Wind 1, New Jersey’s first offshore wind farm, has been built at a New Jersey manufacturing facility – and Cape May County isn’t happy about any of it.

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