U.S. Offshore Wind Auction Generates $405 Million in Winning Bids
Three companies claim winning bids for Massachusetts offshore wind. Areas could support approximately 4.1 gigawatts of commercial wind generation, enough to power nearly 1.5 million homes.​
December 17, 2018 -- U.S. Secretary of the Interior Ryan Zinke and Bureau of Ocean Energy Management Acting Director Walter Cruickshank recently (12/14) announced the completion of the nation's eighth and highest grossing competitive lease sale for renewable energy in federal waters.
The lease sale offered approximately 390,000 acres offshore Massachusetts for potential wind energy development and drew competitive winning bids from three companies totaling approximately $405 million in winning bids. If fully developed, the areas could support approximately 4.1 gigawatts of commercial wind generation, enough electricity to power nearly 1.5 million homes.
'To anyone who doubted that our ambitious vision for energy dominance would not include renewables, today we put that rumor to rest,' said Secretary Zinke. 'With bold leadership, faster, streamlined environmental reviews, and a lot of hard work with our states and fishermen, we've given the wind industry the confidence to think and bid big.'
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