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June 15, 2024
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Fierce Bidding Pushes NY Bight Auction to $4.37 Billion
Eager to Enter U.S. Market, European Companies Make Historic Bids
The Bureau of Ocean Energy Management auctioned six lease areas in the New York Bight, enough to site at least 5.6 GW of offshore wind.
The Bureau of Ocean Energy Management auctioned six lease areas in the New York Bight, enough to site at least 5.6 GW of offshore wind. | BOEM
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Six companies offered a record $4.37 billion for 5.6 GW of offshore wind capacity in the New York Bight after three days of fierce bidding.
New JerseyNew YorkNYISOOffshore WindOffshore Wind PowerPJMSolar PowerState and Local PolicyTransmission & DistributionTransmission Planning