Wednesday, September 6, 2023

"The first US offshore wind auction in the Gulf of Mexico was a dud"

From the usually ebullient Electrek, August 29:

There was only one bid in the first-ever US offshore wind auction in the Gulf of Mexico today – here’s why it was a bit of a washout.

The three lease areas off Texas and Louisiana that the Bureau of Ocean Energy Management (BOEM) auctioned today have the potential to generate around 3.7 gigawatts (GW) of clean power for almost 1.3 million households – but only one lease area had a single bid.

Germany’s RWE, one of the world’s largest offshore wind developers, won the rights to the 102,480-acre Lake Charles, Louisiana, offshore wind lease area with a winning bid of $5.6 million. The BOEM says that the Lake Charles lease area has the potential to generate 1.24 GW of offshore wind energy capacity and power nearly 435,400 homes with renewable energy....

....MUCH MORE

Although we didn't focus on it in August 30's "Ørsted, "World's Largest Offshore Wind Farm-Maker Crashes Most On Record After Catastrophic Results"", during that same conference call Ørsted said it considered abandoning their big offshore New Jersey wind farm but will stick with it, for now.