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November 23, 2024
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North Carolina OSW Auction Nets $315 Million
Lack of State OSW Target Seen Capping Prices
The Bureau of Ocean Energy Management auctioned two sites off of North Carolina capable of 1.3 GW of offshore wind.
The Bureau of Ocean Energy Management auctioned two sites off of North Carolina capable of 1.3 GW of offshore wind. | Bureau of Ocean Energy Management
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Duke Energy and TotalEnergies will pay a combined $315 million to lease 110,000 acres off North Carolina that could produce 1.3 GW in offshore wind.
North CarolinaOffshore WindOffshore Wind PowerResourcesState and Local Policy