US opens first California offshore wind auction
First lease sale on the west coast to be held in December
The US Department of the Interior has announced that the Bureau of Ocean Energy Management (Boem) will hold an offshore wind energy lease sale for areas off central and northern California on 6 December 2022, in what will be the first-ever offshore wind lease sale on the west coast of the US. Boem will lease five areas in California’s outer continental shelf totalling 373,268 acres with the potential to site 4.5GW of offshore wind capacity. The final sale notice will be published later this week and provide further detail on the auction and lease provisions and conditions. Boem has confirmed it will offer “bidding credits” to companies that enter into community benefit agreements or otherwis
Also in this section
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies
8 April 2024
Chevron New Energies is lead investor in funding round by Colorado-based provider of post-combustion capture technology