US Offshore Wind Rights Auction Generates Record Bids
The use of wind to generate electricity for the United States has been thrust forward with the largest-ever offering by the federal government of offshore development rights. Three days of bidding, which ended Friday, for the 197,000 hectares of the New York Bight — an area of shallow waters between the coasts of Long Island (in New York state) and the state of New Jersey — attracted record-setting prices, according to the federal Bureau of Ocean Energy Management. “This week’s offshore wind sale makes one thing clear: the enthusiasm for the clean energy economy is undeniable and it’s here to stay,” said Interior Secretarymore
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