The Bureau of Ocean Energy Management (BOEM) recently announced 122,405 acres were leased for offshore wind energy development off the coast of North Carolina.
Avangrid Renewables, LLC won the auction for $9,066,650, with Wind Future LLC, Statoil Wind US LLC, and wpd offshore Alpha LLC also participating in the lease sale.
According to the press release, ‘The North Carolina lease area, designated OCS-A 0508, begins about 24 nautical miles from shore and extends 25.7 nautical miles in a general southeast direction. Its seaward extent ranges from 13.5 nautical miles in the north to .6 of a nautical mile in the south. A map of the lease area can be found here.’
U.S. Secretary of the Interior Ryan Zinke said, “The success of this lease sale reflects the continued interest of coastal communities to develop their offshore energy resources,”
“Renewable energy, like offshore wind, is one tool in the all of the above energy toolbox that will help power America with domestic energy, securing energy independence, and bolstering the economy. This is a big win for collaborative efforts with state, local, and private sector partners.”
So far BOEM has facilitated seven overall lease sales of over one million acres of federal waters which generated more than $59 million. The lease sale of 79,000 acres off of New York received a winning bid of $42.5 million alone.
The first offshore wind farm in the US become operational this year and cost Deepwater Wind developers $290 million. The project consists of 5 wind turbines with a whopping capacity of 30MW off of Block Island.