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Response to Rhiannon12866 (Original post)

Sat Dec 15, 2018, 02:17 PM

6. Compare This With Recent Offshore Wind Auctions

The Bureau of Ocean Energy Management in the US has announced the results of the auctions for offshore wind leases off Massachusetts, auctions that eclipsed the results of all seven offshore lease sales in the US so far.

Bids totalling US$405Mn were submitted in the auctions. All three sums bid for the leases far exceeded the highest bids so far in the US offshore wind industry.


National Ocean Industries Association (NOIA) president Randall Luthi said, "Until today, a US$405Mn offshore wind lease sale in the US was unheard of.

"In fact, today's phenomenal sale results eclipse the results of all seven previous US offshore lease sales combined and demonstrate that not only has offshore wind arrived in the US, but it is clearly set to soar."


This put's electric generation very close to the high density NE US. Will be very interesting if this works out. The days of fossil fuels may be numbered.

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Rhiannon12866 Dec 2018 OP
mountain grammy Dec 2018 #1
2naSalit Dec 2018 #2
mountain grammy Dec 2018 #3
mopinko Dec 2018 #4
2naSalit Dec 2018 #5
LineNew Reply Compare This With Recent Offshore Wind Auctions
modrepub Dec 2018 #6
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