Breaking: Carolina Long Bay offshore wind auction secures $315M in high bids

Trending 3 months ago 9

The US Bureau of Ocean Energy Management (BOEM) today held the lease merchantability for 2 offshore upwind areas successful Carolina Long Bay. Up to 16 prequalified bidders competed for lease rights for 110,091 acres off North Carolina’s and South Carolina’s shores. Together, they will effect successful astatine least 1.3 gigawatts (GW) of offshore upwind energy, capable to powerfulness nearly 500,000 homes.  

Carolina Long Bay offshore upwind auction results

At 4:56 p.m. BOEM announced the provisional winners:

BREAKING NEWS: With $315 cardinal successful precocious bids, the provisional winners of the #CarolinaLongBay upwind vigor auction person been announced.

🌊 110K+ acres for development
🔌 1.3GW cleanable vigor potential
🏠 500K+ homes supplied
💰 $42M for home proviso concatenation + workforce grooming

— Bureau of Ocean Energy Management (@BOEM) May 11, 2022

After 18 rounds, OCS-A 0545 went to French multinational TotalEnergies Renewables USA for $160 million, and OCS-A 0546 went to Duke Energy Renewables Wind for $155 million.

The Carolina Long Bay offshore upwind auction included a caller 20% recognition for bidders that committed to a monetary publication to programs oregon initiatives that enactment workforce grooming programs for the offshore upwind industry, improvement of a US home proviso concatenation for the offshore upwind vigor industry, oregon both. This recognition volition effect successful $42 cardinal for these captious programs oregon initiatives.

White House nationalist clime advisor Gina McCarthy tweeted:

President Biden keeps delivering connected the opportunities of cleanable energy. Today’s offshore upwind auction brought successful $315 cardinal for Carolina Long Bay areas with the imaginable to powerfulness 500,000 homes. And much offshore upwind means much jobs for American workers!

— Gina McCarthy (@ginamccarthy46) May 11, 2022

Liz Burdock, CEO and laminitis of the Business Network for Offshore Wind, issued the pursuing statement:

Today, America’s offshore upwind manufacture and its proviso concatenation took different important measurement guardant with the palmy Wilmington East lease auction. For the archetypal time, the national authorities utilized an auction strategy designed to spark concern straight into US manufacturers, tiny businesses, shipbuilders, and caller workforce training, accelerating improvement of the already-emerging home proviso chain. With planetary request for offshore upwind soaring, the US indispensable prehend this once-in-a-generation accidental and make a robust home proviso concatenation to unafraid our vigor future.

And Anthony Allard, caput of North America for Hitachi Energy, said successful an emailed connection to Electrek:

Not lone is the merchantability a large milestone for our cleanable vigor future, but the United States’ increasing offshore upwind vigor manufacture presents a $109 cardinal gross accidental to businesses successful the proviso concatenation implicit the adjacent decade.

BOEM says that the 2 lease blocks wrong the country person akin acreage, region to shore, and upwind assets potential.

BOEM reported connected LinkedIn yesterday that it conducted biology reviews and issued a uncovering of nary important impact.

It besides worked with the commercialized sportfishing industry, tribes, partnering agencies, cardinal stakeholders, and the nationalist to trim conflicts with water users and minimize biology impacts. The bureau said it volition proceed to prosecute with stakeholders arsenic the improvement process unfolds.

In regards to vertebrate formation patterns adjacent upwind turbines, BOEM reported:

We are including a stipulation, astatine the proposal of the US Fish and Wildlife Service, requiring the usage of Motus telemetry tracking stations on meteorological buoys to assistance code accusation gaps connected offshore movements of birds and bats, including ESA-listed species. 

Read more: The archetypal US offshore upwind workplace has had nary antagonistic effect connected fish, finds groundbreaking study

Photo: BOEM

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