The U.S. Department of Interior, Bureau of Ocean Energy Management (BOEM), has announced that Deepwater Wind New England, LLC is the provisional winner of yesterday’s first-ever lease sale for offshore wind energy. The lease sale involved the auction of two leases for wind energy development in a Wind Energy Area off the shores of Rhode Island and Massachusetts, totaling 164,750 acres. The Wind Energy Area is divided into two sub-areas, the North Lease Area (approximately 97,500 acres) and the South Lease Area (approximately 67,250 acres). The high bid was $3,838,288, with three bidders submitting bids in 11 rounds of bidding.
The Wind Energy Area has the potential to support 3,395 MW of wind generation and once developed could generate enough energy to power more than one million homes.
On the heels of the first auction, BOEM will hold a second competitive lease sale for offshore wind on September 4, 2013, in which BOEM will auction almost 112,800 acres off Virginia’s shores. Additional auctions for Wind Energy Areas offshore Massachusetts, Maryland, and New Jersey are expected to be announced later this year and in 2014.