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US to hold first offshore wind rights sale in Gulf of Mexico next month

Reuters reports that the U.S. will hold its first offshore wind auction in the Gulf of Mexico next month.

The C3 Take
  • The sale will include a 102,480 acre area off the shore of Lake Charles, Louisiana and two lease areas totalling 200,000 acres off the coast of Galveston, Texas.
  • The areas will have the potential to power over 1.3 million homes with clean energy, according to the Department of Interior.
  • This sale is a welcome step in leveling the playing field for all sources of energy.

“According to a sale document, companies qualified to bid at the sale include units of European energy companies Equinor (EQNR.OL), Shell (SHEL.L), RWE (RWEG.DE) and TotalEnergies (TTEF.PA), all of which are already developing U.S. offshore wind leases. Equinor and Shell also have major oil and gas operations in the Gulf.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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