Current:Home > NewsFastexy:Federal government postpones sale of floating offshore wind leases along Oregon coast -Elevate Capital Network
Fastexy:Federal government postpones sale of floating offshore wind leases along Oregon coast
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 14:53:50
PORTLAND,Fastexy Ore. (AP) — The federal government postponed an auction of floating offshore wind leases off the Oregon coast on Friday after developers said they wouldn’t bid and the state’s governor asked that all leasing activities stop.
The Bureau of Ocean Energy Management did not set a new date for the sale. It said the decision to postpone the sale scheduled for Oct. 15 was based on “insufficient bidder interest at this time.”
Oregon Gov. Tina Kotek wrote to the agency shortly before the announcement, asking it to terminate the current auction, Oregon Public Broadcasting reported. Kotek cited growing concerns from coastal and fishing communities, tribes and others.
Some are concerned that the construction will harm sea life, marine habitat, culturally important areas and views of the ocean. The Confederated Tribes of Coos, Lower Umpqua and Siuslaw Indians — whose culture is tied to the ocean — sued the federal government.
In light of the mounting opposition, the number of companies planning to bid on the leases dwindled.
Five companies were qualified to bid. Mainstream Renewable Power Inc., one of the five, told Oregon Public Broadcasting this week that it will not longer participate. Two others told the Oregonian/OregonLive that they, too, are backing out.
The Bureau of Ocean Energy Management said Friday that it will continue working with government agencies and tribal governments, as well as support ongoing processes to engage with stakeholders, in order to figure out a future opportunity for a potential lease sale.
There are only a handful of floating offshore arrays across the globe. California awarded the first-ever leases in the U.S. to develop commercial-scale floating wind farms in 2022. The federal government issued the nation’s first floating offshore wind research lease to the state of Maine in August.
In Oregon, the plans for floating wind involve two areas covering 305 square miles (790 square kilometers) off the state’s southern coast. The two areas are 32 miles (52 kilometers) off the coast of Coos Bay and 18 miles (29 kilometers) from the small city of Brookings, near the California state line.
veryGood! (384)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- What's the Commonwealth good for?
- Environmentalists in Chile Are Hoping to Replace the Country’s Pinochet-Era Legal Framework With an ‘Ecological Constitution’
- JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover
- Don't let hackers fool you with a 'scam
- Why the Chesapeake Bay’s Beloved Blue Crabs Are at an All-Time Low
- Manure-Eating Worms Could Be the Dairy Industry’s Climate Solution
- Inside Clean Energy: Batteries Got Cheaper in 2021. So How Close Are We to EVs That Cost Less than Gasoline Vehicles?
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Pregnant Rihanna, A$AP Rocky and Son RZA Chill Out in Barbados
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- A South Florida man shot at 2 Instacart delivery workers who went to the wrong house
- Nearly a third of nurses nationwide say they are likely to leave the profession
- Inside Clean Energy: Here Are 5 States that Took Leaps on Clean Energy Policy in 2021
- North Carolina justices rule for restaurants in COVID
- Khloe Kardashian Says She Hates Being in Her 30s After Celebrating 39th Birthday
- The ‘State of the Air’ in America Is Unhealthy and Getting Worse, Especially for People of Color
- Hard times are here for news sites and social media. Is this the end of Web 2.0?
Recommendation
Sam Taylor
The banking system that loaned billions to SVB and First Republic
Gymshark's Huge Summer Sale Is Here: Score 60% Off Cult Fave Workout Essentials
Kate Spade 24-Hour Flash Deal: Get This $400 Satchel Bag for Just $89
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
California Water Regulators Still Haven’t Considered the Growing Body of Research on the Risks of Oil Field Wastewater
Who's the boss in today's labor market?
The weight bias against women in the workforce is real — and it's only getting worse