Latest News for: Offshore auctions

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Sweden: New Offshore Wind not Commercially Viable

MarineLink 13 Dec 2024
The commission recommended that Sweden should switch to an auction system for offshore wind farms, widely used in other countries, but the head of the commission said that this would not in itself ...
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New GoM Wind Lease Auction Planned After BOEM Receives Completive Interest

The Maritime Executive 12 Dec 2024
Earlier this year, a planned offshore wind lease auction for the Gulf of Mexico was canceled ... In August 2023, BOEM conducted the first-ever offshore wind energy auction for the Gulf of Mexico.
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DOE: 5th Green Energy Auction set for Q3 2025

The Manila Times 12 Dec 2024
THE fifth round of the Green Energy Auction (GEA-5) for bidding renewable energy (RE) capacity from offshore wind projects (OSW) will be held in the third quarter (Q3) of 2025, the Department of Energy (DOE) announced on Thursday.
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Government to auction offshore wind capacity in Q3 2025

Manila Bulletin 12 Dec 2024
The Department of Energy (DOE) announced that the third round of the Green Energy Auction (GEA-5), focused on offshore wind (OSW) projects, will begin in the third quarter of next year ... The auction ...
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‘Throw the book at it’: UK government eyes ‘huge’ renewables auction next year

Recharge 12 Dec 2024
Government running out of time to bring crucial new offshore wind capacity through auction rounds to support 2030 targets ....
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DOE: Offshore wind auction set in 3rd Quarter next year

The Philippine Star 12 Dec 2024
The Department of Energy is set to launch the green energy auction for offshore wind projects as early as July 2025, aiming to deliver the first kilowatts by 2028 ....
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Casino operators worry about being squeezed out online

RNZ 11 Dec 2024
Local casino operators say they could miss out on a licence to operate online, as they prepare to square up against large offshore operators with deep pockets ... but they will be competed for at auction.
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Estonia to relaunch 1.2GW offshore wind tender

Splash24/7 10 Dec 2024
The tender for the offshore wind project, which will have a capacity of up to 1.2GW, will be relaunched almost a year after the initial auction ended with no bids ... The auctions for the Saare 2.1 and Saare 2.2 areas were both won by Deep Wind Offshore.
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Denmark’s Auction Flop Reveals Cracks in Europe’s Offshore Wind Industry

gCaptain 10 Dec 2024
Europe is starting to find the limit of a decades-long boom in offshore wind ... The latest example is a Danish government auction for offshore wind that failed to attract any bids ... Offshore wind has been ...
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BOEM’s Draft EIS Sets the Stage for GoM Oil Leasing in a Shifting Energy Landscape

gCaptain 09 Dec 2024
In December 2023, a BOEM auction of Gulf of Mexico drilling rights raised $382 million as oil companies bid on offshore acreage for the final time until 2025. This auction total was the highest of any ...
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Fact check: Many wind power auctions set prices below the current market price

AOL 06 Dec 2024
171 successful wind energy auctions, both offshore and onshore all struck at double the current market price.” ... What are wind energy auctions? ... How many auctions have there been, and how many wind projects have been awarded? .
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BOEM Okays MD Offshore Wind Plans

MarineLink 03 Dec 2024
It has also held six offshore wind lease auctions, including a record-breaking sale offshore New York and New Jersey, the first-ever sales offshore the Pacific and Gulf of Mexico coasts, and the first sale in the Gulf of Maine.
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BOEM Identifies Environmental Measures for NY Bight Wind Energy Development

The Maritime Executive 03 Dec 2024
The six lease areas in the New York Bight cover over 488,000 acres and were sold in a record auction at the peak of interest in offshore wind energy receiving total bids of over $4.3 billion.
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Education, elections, drugs: Analysis of NH bills filed for 2025

Seacoast Online 03 Dec 2024
More bill requests are likely to be made ... 8 ... Rep ... There are also a few bills considering offshore wind. In October, two areas offshore of the Seacoast were auctioned off by the federal government to develop floating offshore wind energy installations.

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