Mass. Offshore Lease Auction Nets Record $405 Million December 17, 2018 By Michael KuserOffshore wind in the U.S. hit a new milestone when the eighth federal lease auction brought in $405 million for three sites off the Massachusetts coast. | BOEM Tell us who you are,get 2 free articles each month. What do you want to know? Want a free trial instead? Click here.Already convinced? View pricing and plans.Already a subscriber? Log in here. Additional news on this topic: Offshore Wind: Lease Sale Set for VA; Setback for NJ ProjectIt was one step forward and one step back for PJM’s offshore wind hopes as federal officials announced the auction of 112,800 acres off Virginia while New Jersey regulators rejected a deal with developers of… Maryland OKs Offshore Wind BillThe House Monday night (March 18) gave final approval to Gov. Martin O’Malley’s bill to subsidize development of offshore wind energy. RGGI Auction Prices Rise 4%Clearing prices for the latest Regional Greenhouse Gas Initiative CO2 allowances auction rose 4%, continuing a recent upward trend while the number of bidders declined.