October 23, 2025 – Each year, the Sweeney Center for Public Policy at Rowan University in New Jersey hosts a conference on the state’s current and future energy landscape. In 2023 and 2024, the gatherings focused heavily on the rapidly accelerating development of offshore wind, which state officials then predicted would power some 2.5 million homes — about two-thirds of the state’s total housing units — by 2030. At this year’s event, however, the industry was barely mentioned, and when it was, its one-time advocates were subdued and almost eulogistic.
Tim Sullivan, the head of the New Jersey Economic Development Authority, which had been closely involved with the state’s efforts to develop offshore wind, sounded wistful. “I remain optimistic and confident that it gets done sometime in our lifetime,” he told the conference.
Optimism about the future of U.S. offshore wind has collapsed since President Trump, a vehement critic of the industry, returned to office in January. In the ensuing nine months, his administration has accelerated the end of federal tax credits for wind development, imposed tariffs on turbines and other needed parts, and eliminated funds for building onshore port facilities for servicing wind farms.