First Gulf of Mexico Offshore Wind Energy Auction Results in One Winning Bid
The U.S. Department of the Interior ’s first offshore wind auction in the Gulf of Mexico resulted in one lease area receiving a high bid of $5.6 million, according to an Aug. 29 press release. RWE, a company based in Germany, won the rights to a 102,480-acre Lake Charles, Louisiana that has the capacity to produce around 1.24 gigawatts (GW) of offshore wind energy and power approximately 435,400 homes. The auction involved three lease areas off Texas and Louisiana.
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