25 Nov '14, 3pm

US Planning Largest Wind-Energy Auction Off Massachusetts

NEW YORK -- The U.S. Interior Department is planning the nation’s largest competitive auction for offshore wind projects, 742,000 acres off Massachusetts that may generate as much as 5 gigawatts of electricity. The area will be divided into four zones and may produce enough power for 1.4 million homes, the department said today in an e-mailed statement. Twelve companies, including Fishermen’s Energy LLC, Deepwater Wind LLC and Iberdrola SA, are qualified to bid on the areas about 14 miles off the coast. The auction is scheduled for Jan. 29. “This sale will triple the amount of federal offshore acreage available for commercial-scale wind-energy projects,” Interior Secretary Sally Jewell said in the statement. The department’s Bureau of Ocean Energy Management has awarded seven leases — two through non-competitive bids — for projects in the Atlantic Ocean, including Cape Win...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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