A six-month report card on the status of offshore wind, detailing economic, political and regulatory changes on costs and development, found New Jersey is unlikely to see the clean energy format become the centerpiece of its shift away from fossil fuels.

“The heady days of 2019-21, in which near zero interest rates and inflation, easy financing with political and public support, resulted in falling prices on contracts awarded for thousands of MW (megawatts) of offshore wind across the…