We have some exciting news to share on our efforts to promote renewable energy: today the United States Bureau of Ocean Energy Management (BOEM) leased almost 113,000 acres off the coast of Virginia for wind energy development in a live auction.
Big news for offshore wind! Yesterday, the Bureau of Ocean Energy Management (BOEM) held the first-ever competitive offshore wind lease sale in the U.S. off the coasts of Rhode Island and Massachusetts. The Wind Energy Area, located 9.2 nautical miles offshore, covers about 164,750 acres and is divided into two lease areas, referred to as the North Lease Area, and the South Lease Area, which cover 97,500 and 67,250 acres, respectively. This is an important and momentous step towards developing a clean, abundant energy source in the U.S.