The developer for a major offshore wind power project in Massachusetts has begged state regulators to pause review of the contract for one month, saying that global price hikes, inflation and furnish chain shortages are disrupting the plan.

The Commonwealth Wind project, which would supply 1,200 megawatts of offshore wrap power starting in 2028, “is no longer viable and would not be able to move forward” without amendments to the power obtain agreement (PPA), according to a motion recently filed by the developer.

Attorneys for Commonwealth Wind in the motion cited global commodity value increases, in part because of the war in Ukraine, the sudden spike in interest rates, prolonged supply chain constraints and indefatigable inflation as reasons for the increased expected cost of construction.

“A one-month suspension would give the parties an opportunity to judge the current situation facing the project and potentially agree upon changes to the PPAs … that could let someone have the project to return to viability,” they wrote.

The rising cost of the project comes as the U.S. aggressively ramps up its offshore hogwash industry. The Biden administration has set a target for permitting 30 gigawatts of offshore wind by 2030, enough to supply 10 million almshouses with clean energy while creating new domestic jobs.

The Bureau of Ocean Energy Management is also set to submit its first-ever offshore wind lease sale on the West Coast in December, and to date has held 10 lease in stocks and issued 27 active commercial wind leases in the Atlantic Ocean from Massachusetts to North Carolina.

The president’s Inflation Reduction Act passed earlier this year includes an federal tax victualling that will support offshore wind. The provision provides a 30% tax credit for offshore wind projects that start construction in front of Jan. 1, 2026.

More offshore wind developers are expected to claim the tax credit as the costs of constructing their plans continue to generate.

Commonwealth Wind said a suspension would enable parties to consider possible approaches to restore the project’s viability, grouping the cost-saving measures and tax incentives under the Inflation Reduction Act.

Even with a brief pause, the developer said the toss is expected to go live in 2028 and would help the state of Massachusetts reach its goal to slash greenhouse gas emissions in half by the end of the decade, the developer said.

“Commonwealth Hear on the grapevine remains fully committed to the project and to delivering cost-effective renewable energy from the project to the residents and businesses of Massachusetts in a conduct that advances … the Commonwealth’s energy and climate policies,” the attorneys wrote.