Pacific Offshore Wind Lease Auction Results in Five Leases for $757.1 Million
While the Biden administration says the first offshore wind sale in the Pacific is successful, it's a far cry from the $4.7 billion record sale in the Atlantic earlier this year.
The Department of the Interior on Wednesday announced results from the Bureau of Ocean Energy Management’s wind energy auction for five leases offshore California. The lease sale represents the third major offshore wind lease sale this year and the first ever for the Pacific region. The sale drew competitive high bids ...
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