On January 12, Secretary of the Inside Deb Haaland introduced that the Bureau of Ocean Vitality Administration (BOEM) would maintain an offshore wind vitality public sale for greater than 488,000 acres within the New York Bight. It’s nonetheless beneath manner, and bids have now collectively reached round $2 billion.
That is the primary offshore wind lease sale in over three years, and is the primary offshore wind vitality public sale beneath the Biden-Harris Administration.
BOEM is offering round-by-round updates on the web public sale all through the day. As soon as the public sale ends, the Division of the Inside will announce the provisional winners for every of the six lease areas.
The New York Bight extends northeasterly from Cape Might Inlet in New Jersey to Montauk Level on the japanese tip of Lengthy Island.
Simply earlier than midday ET at the moment, BOEM was on spherical 30 of the public sale, the place mixed reside bids for the six leases stood at $2 billion. Reuters factors out:
That simply topped the US offshore wind public sale file of $405 million set in 2018. It was additionally excess of current oil and gasoline auctions in US federal waters. A sale of drilling rights within the Gulf of Mexico late final 12 months, for example, attracted $191.7 million in excessive bids.
There are 25 eligible bidders. Offshorewind.biz factors out:
Shell, BP, and Equinor, alone or by way of joint ventures, are pre-qualified to bid, as are RWE, SSE Renewables, Ocean Winds, and Iberdrola’s Avangrid Renewables, amongst others. In response to a spokesperson from Ørsted, the offshore wind big can also be an eligible bidder, however by way of an organization beneath a distinct title – which the developer is protecting a secret till after the public sale is accomplished.
The offshore wind energy cited within the areas beneath public sale areas has the potential to energy almost two million houses sooner or later, as soon as it’s totally up and working. The collective set up capability, in keeping with BOEM, is 5.6 gigawatts and whole energy manufacturing is nineteen,625,081MWh/12 months.
Learn extra: New York Bight will get inexperienced gentle for enormous 480,000 acre offshore wind deal
Photograph: BOEM
UnderstandSolar is a free service that hyperlinks you to top-rated photo voltaic installers in your area for personalised photo voltaic estimates. Tesla now provides worth matching, so it’s vital to buy the most effective quotes. Click on right here to be taught extra and get your quotes. — *advert.
Subscribe to Electrek on YouTube for unique movies and subscribe to the podcast.