10/29/2024 | Press release | Distributed by Public on 10/29/2024 12:15
Press Release
Oct 29 2024
Lease sale generated $21.9 million for the U.S. Treasury
ATLANTIC CITY, NJ, October 29, 2024 - The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind after the Bureau of Ocean Energy Management (BOEM) concluded a successful lease sale for the development of floating offshore wind farms in the Gulf of Maine. Four lease areas offshore Maine, Massachusetts, and New Hampshire, were sold in today's auction facilitated by BOEM, generating $21.9 million in revenue for the U.S. Treasury. The provisional winners were Avangrid with two leases and Invenergy NE Offshore Wind LLC, a subsidiary of Invenergy, with two leases. Once fully developed, these projects are expected to generate enough energy to power over 2.3 million homes:
"American Clean Power commends the Bureau of Ocean Energy Management for conducting this wind energy lease sale in the Gulf of Maine, marking the first opportunity for deploying floating wind technology on the East Coast.
"Governor Janet Mills and Maine's proactive approach to floating offshore wind technology deserves recognition. Today's lease sale, along with Maine's procurement planning, is a significant step toward achieving the state's three-gigawatt offshore wind goal.
"As New England continues to use more and more electricity, this growing power demand can be met with clean, pollution-free offshore wind generation. Development in the Gulf of Maine will not only generate needed electricity but create jobs and investment for New England.
"With today's lease sale building on earlier deepwater auctions on the West Coast, the United States is truly on track to become a global leader in floating offshore wind technology."
Additional Background:
The American Clean Power Association (ACP) is the leading voice of today's multi-tech clean energy industry, representing over 800 energy storage, wind, utility-scale solar, clean hydrogen and transmission companies. ACP is committed to meeting America's national security, economic and climate goals with fast-growing, low-cost, and reliable domestic power.
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