
California offshore wind sale will likely be first to help potential commercial-scale floating offshore wind vitality improvement. Image: DOE
The Department of the Interior at present introduced outcomes from the Bureau of Ocean Energy Management’s wind vitality public sale for 5 leases offshore California. The lease sale represents the third main offshore wind lease sale this 12 months and the primary ever for the Pacific area. Today’s sale drew aggressive excessive bids from 5 corporations totaling $757.1 million, properly exceeding the primary lease gross sales that have been held within the Atlantic.
Provisional Winner | Lease Area | Acres | High Bid |
RWE Offshore Wind Holdings, LLC | OCS-P 0561 | 63,338 | $157,700,000 |
California North Floating, LLC | OCS-P 0562 | 69,031 | $173,800,000 |
Equinor Wind US, LLC | OCS-P 0563 | 80,062 | $130,000,000 |
Central California Offshore Wind, LLC | OCS-P 0564 | 80,418 | $150,300,000 |
Invenergy California Offshore LLC |
The largest bid got here from Copenhagen Infrastructure Partners (CIP) affiliate California North Floating, LLC.
CIP Senior Partner Torsten Smed mentioned, “California is expected to develop into a key market for floating offshore wind and the auction represented a strong investment opportunity for us. By adding the new lease area to our portfolio and based on our large global portfolio of floating offshore projects in different stages of development we are uniquely positioned to lead the commercialization of floating offshore wind in the U.S.”
Since coming into the U.S. offshore market in 2016, CIP has constructed a number one offshore wind place by its affiliate Vineyard Offshore. This consists of Vineyard Wind 1, the nation’s first business scale offshore wind challenge which is presently underneath building, in addition to two lease areas underneath improvement totaling roughly 5.0 GW off the coast of Massachusetts and New York.
“The future of offshore wind is floating, and we are proud to have taken this first important step in building an attractive floating offshore pipeline off the U.S. West Coast,” continued Smed. “We look forward to supporting the ambitious offshore goals of the State of California and do our part in ensuring the local job creation and the environmental improvements that will benefit the entire state.”
National Ocean Industries Association President Erik Milito issued the next assertion:
“The California lease sale offers the U.S. an opportunity to guide the rising floating wind sector. Floating wind know-how in its early phases however it’s a sophisticated know-how that may result in sturdy development within the deployment of offshore wind. The well timed scaling and deployment of floating wind know-how will likely be important in assembly U.S. and international renewable vitality targets. The U.S. stands well-positioned to develop our deepwater wind sources and grow to be a world hub of floating wind innovation. Offshore wind is a nationwide endeavor with substantial advantages to our vitality, jobs, and funding outlook. “
“We are only at step one of U.S. floating wind leadership. The success of American offshore wind depends on further collaboration among stakeholders. Specifically, continued engagement between BOEM, NOAA, the military and other oceanic users will help ensure that sufficient flexibility is provided, investment is promoted, and project impediments are avoided.”
The Business Network for Offshore Wind known as the public sale “an important milestone toward meeting both the Biden Administration’s goal of deploying 30 GW of offshore wind by 2030 and 15 GW of floating offshore wind by 2035 as well as California’s goal of 25 GW by 2045—the most aggressive state goal to-date. With today’s completed lease sale, which also raised tens of millions allocated for floating supply chain development, the U.S. will have a premier opportunity to develop a robust floating wind turbine supply chain that can compete on the global stage.”
More stats on the sale outcomes HERE