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Wind and solar don't anymore. They are completely self sustaining industries. In New York for example there was a bidding war to get the rights to develop off s
by Gwypaas 5y ago
Wind and solar don't anymore. They are completely self sustaining industries. In New York for example there was a bidding war to get the rights to develop off shore power.
> After three days and 64 rounds of bidding, the U.S. Department of the Interior Bureau of Offshore Energy Management (BOEM) on Friday concluded the nation’s highest-grossing offshore energy lease sale ever, with winning bids from six companies totaling approximately $4.37 billion.
> Not only does the amount raised in the New York Bight lease sale far exceed the more than $400 million raised during the previous offshore wind sale in 2018, it even surpasses the highest amount raised during any offshore oil and gas lease sale ever in U.S. history.
> The results are a major milestone in the Biden-Harris administration’s goal of reaching 30 gigawatts of offshore wind energy by 2030.
https://gcaptain.com/new-york-bight-offshore-wind-lease-auction-blows-away-record-4-billion-winning-bids/ https://gcaptain.com/new-york-bight-offshore-wind-lease-auct...