Advertise On EU-Digest

Annual Advertising Rates

8/7/13

Alternative Energy: U.S. Offshore Wind Farms Still Years Away, But Leases Finally Auctioned Off - by Michelle R. Smith

European Offshore Wind Farm
There are no offshore wind farms in the U.S., though several are being developed, including Cape Wind off Cape Cod and a small 5-turbine project off Block Island, being developed by Deepwater. The Bureau of Ocean Energy Management also plans to auction off leases for several other offshore wind development areas, including Maryland, New Jersey, Massachusetts and Virginia, where an auction will be held next month.

It will be a few years before energy is generated by any offshore wind farm in the United States, but efforts to get more of the nation's energy from such sources took a major step forward last week when the federal government for the first time auctioned off leases for wind energy on the outer continental shelf.

Providence-based Deepwater Wind was the provisional winner of the two leases for an area that starts around 10 miles off the coast of Massachusetts and Rhode Island and stretches between and to the south of Block Island and Martha's Vineyard. The company bid $3.8 million for the two leases combined, beating out two other bidders in the auction held Wednesday by the Bureau of Ocean Energy Management, a division of the U.S. Department of Interior.

Tommy Beaudreau, director of the bureau, called it a historic moment in the future of clean energy in the country and said it would help in meeting President Barack Obama's goal of increasing the amount of clean energy generated on public lands. The Department of Energy has estimated the area could support enough electricity to power more than 1 million homes.

Read more: U.S. Offshore Wind Farms Still Years Away, But Leases Finally Auctioned Off

No comments: