On January 12, Secretary of the Inside Deb Haaland introduced that the Bureau of Ocean Vitality Administration (BOEM) would maintain an offshore wind power public sale for greater than 488,000 acres within the New York Bight. It’s now full, and the public sale achieved $4.37 billion in excessive bids. It’s an enormous leap ahead for the fledgling US offshore wind business
February 25 replace: The offshore wind public sale started on Wednesday and stretched into Friday afternoon. Listed here are the winners, adopted by the map:
Lease numbers | Successful firms | Quantity | Acres |
---|---|---|---|
OCS-A 0537 | OW Ocean Winds East, LLC | $765,000,000 | 71,522 |
OCS-A 0538 | Attentive Vitality LLC | $795,000,000 | 84,332 |
OCS-A 0539 | Bight Wind Holdings, LLC | $1,100,000,000 | 125,964 |
OCS-A 0541 | Atlantic Shores Offshore Wind Bight, LLC | $780,000,000 | 79,351 |
OCS-A 0542 | Invenergy Wind Offshore LLC | $645,000,000 | 83,976 |
OCS-A 0544 | Mid-Atlantic Offshore Wind LLC | $285,000,000 | 43,056 |
Haaland stated:
This week’s offshore wind sale makes one factor clear: The passion for the clear power financial system is simple and it’s right here to remain.
The investments we’re seeing at the moment will play an vital position in delivering on the Biden-Harris administration’s dedication to deal with the local weather disaster and create 1000’s of good-paying, union jobs throughout the nation.
Liz Burdock, CEO of the Enterprise Community for Offshore Wind, the one nonprofit centered solely on rising the US offshore wind business and its provide chain, stated in an emailed assertion:
Beneficial properties right here at the moment will go a protracted approach to obtain the Biden Administration’s aim of 30 GW by 2030 and can play a important position within the formation of a home provide chain. We sit up for the administration conducting deliberate auctions within the Atlantic, Pacific, and Gulf of Mexico over the subsequent few years, which can construct off of this week’s momentum.
February 24: That is the primary offshore wind lease sale in over three years, and is the primary offshore wind power public sale underneath the Biden-Harris Administration.
BOEM is offering round-by-round updates on the net 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 Could 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 stay bids for the six leases stood at $2 billion. Reuters factors out:
That simply topped the US offshore wind public sale report of $405 million set in 2018. It was additionally way over current oil and gasoline auctions in US federal waters. A sale of drilling rights within the Gulf of Mexico late final 12 months, as an 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 keeping with a spokesperson from Ørsted, the offshore wind big can also be an eligible bidder, however by way of an organization underneath a unique identify – which the developer is maintaining a secret till after the public sale is accomplished.
The offshore wind energy cited within the areas underneath public sale areas has the potential to energy almost two million properties sooner or later, as soon as it’s absolutely up and operating. 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 large 480,000 acre offshore wind deal
Photograph: BOEM
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