The U.S. government hoped companies would want to build wind farms off the Texas coast. No one did.
The federal government for the first time on Tuesday opened two areas in the Gulf of Mexico off the Texas coast to build wind farms.
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The federal government for the first time on Tuesday opened two areas in the Gulf of Mexico off the Texas coast to build wind farms.
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In a first-of-its kind auction for the Gulf of Mexico, a company bid $5.6 million Tuesday to lease federal waters off the Louisiana coast for wind energy generation. It was a modest start for wind energy in the Gulf, which lags the Northeast in offshore wind power development. The Biden administration said the tract covers more than 102,000 acres (41,200 hectares) with the potential for generation of 1.24 gigawatts, enough wind power to supply 435,000 homes.
In a pioneering move for the Gulf of Mexico, a company has placed a $5.6 million bid to lease federal waters off the coast of Louisiana for wind energy generation.
Offshore wind advocates blame Texas’ antagonistic political climate for the lack of offers. A lease off the coast of Louisiana received two bids.