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Offshore wind advocates blame Texas’ antagonistic political climate for the lack of offers. A lease off the coast of Louisiana received two bids.
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 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.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
In a story published August 29, 2023, about a lease of federal offshore waters for wind power development in the Gulf of Mexico, The Associated Press