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Fri Jun 11, 2021, 01:29 PM

Biden administration proposes its first offshore wind lease sale

Source: The Hill

The Biden administration has revealed an area between the coasts of New York and New Jersey for its first proposed offshore wind lease sale, and the federal government's ninth overall.

The Interior Department announced the competitive sale on Friday. Companies will be able to place bids on tracts of water with the goal of building an offshore wind farm.

It estimated that up to 7 gigawatts of energy could be generated in the areas the federal government is trying to lease - enough energy to power more than 2.6 million homes.

"Climate change poses an existential threat - not just to our environment, but to our health, our communities, and our economic well-being. The Biden-Harris administration recognizes the urgency of this moment, and the development of renewable energy resources is an important piece of addressing this reality," Interior Secretary Deb Haaland said in a statement.



Read more: https://www.msn.com/en-us/news/politics/biden-administration-proposes-its-first-offshore-wind-lease-sale/ar-AAKWXRB?li=BBnbcA1&ocid=DELLDHP

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