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US Offshore Wind Milestone: $22M Gulf of Maine Lease Sale Powers 2.3M Homes

US Offshore Wind Milestone: $22M Gulf of Maine Lease Sale Powers 2.3M Homes

U.S. Conducts First Floating Offshore Wind Lease Sale in Gulf of Maine

The U.S. government has completed its inaugural commercial sale for floating offshore wind leases on the Atlantic coast, focusing on the Gulf of Maine. The Bureau of Ocean Energy Management (BOEM) secured nearly $22 million in winning bids for four lease areas from two companies, marking a significant step towards President Joe Biden’s goal of expanding offshore wind energy capacity by 2030.

Avangrid Renewables and Invenergy NE Offshore Wind emerged as the successful bidders in the auction. Avangrid was awarded two leases located approximately 35 miles from Massachusetts, while Invenergy secured two leases about 25 miles from the state’s coastline. Collectively, the four lease areas span over 625 square miles and have the potential to generate enough power for more than 2.3 million homes.

U.S. Interior Secretary Deb Haaland emphasized the importance of these leases in the fight against climate change and job creation. “Today’s lease sale is further proof that industry momentum – including for floating offshore wind development – remains strong,” Haaland stated.

Avangrid, who is also involved in the Vineyard Wind project currently under construction, expressed enthusiasm about the opportunity to advance floating wind technology and meet New England’s energy needs.

However, the lease sale has not been without controversy. The Maine Lobstermen’s Association voiced strong opposition, citing potential risks to marine ecosystems. “The Gulf of Maine is a fragile ecosystem that supports one of the most productive fisheries in the world,” a spokesperson for the association said.

On the other hand, environmental and renewable energy groups, such as the Conservation Law Foundation, argue that expanded wind power is crucial for reducing emissions and addressing climate change.

The successful Gulf of Maine lease sale comes as a planned floating offshore wind sale off Oregon was postponed due to a lack of interest and opposition. This ongoing debate reflects the tension between the push for renewable energy expansion and the concerns of traditional industries.

As the U.S. continues to pursue its offshore wind energy goals, balancing these competing interests will likely remain a key challenge for policymakers and industry stakeholders alike.