The first-ever U.S. auction of leases to develop commercial-scale floating wind farms in the deep waters off the West Coast raised $757 million in bids, from mostly European companies.
Hywind Scotland, the world's first commercial wind farm using floating wind turbines, is visible off the coast of Scotland in August 2017. Tuesday, Dec. 6, 2022, marks the first-ever U.S. auction for leases to develop commercial-scale floating wind farms in the deep waters off the West Coast. – The first-ever U.S.
, and this is the nation’s first foray into floating wind turbines. U.S. auctions so far have been for those anchored to the seafloor. Industry experts say the lower bids this week are likely due to the lack of maturity in the offshore wind market on the West Coast and the nascent technology involved in anchoring floating wind farms in deep ocean waters. Uncertainties about transmission infrastructure, siting and permitting also played a role, they said.
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1st US floating offshore wind auction nets $757M in bidsThe first-ever U.S. auction of leases to develop commercial-scale floating wind farms in the deep waters off the West Coast attracted $757 million in winning bids Wednesday from mostly European companies, in a project watched by other regions and countries just getting their own plans for floating offshore wind started. The auction featured five lease areas — two in northern California and three in central California — about 25 miles off the coast that have the potential to generate 4.5 gigawatts of energy, enough for 1.5 million homes. The winning bids came from Norway’s Equinor; California North Floating, part of Denmark’s Copenhagen Infrastructure Partners; Germany’s RWE AG, and Central California Offshore Wind, a part of the French and Portugese joint venture Ocean Winds.
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