August 15, 2024 — The U.S. Department of the Interior is reporting strong interest in its latest offshore wind auction completed yesterday for sites off the Central Atlantic states. A total of six companies participated in the auction for the two sites offered with the winning bids of $92.65 million from Dominion Energy and Equinor.
The Bureau of Ocean Energy Management conducted the auction which was scheduled in June for sites located offshore from Delaware, Maryland, and Virginia. They highlighted that it was the first offshore sale in the region in a decade. Combined the two sites have the potential for an additional 2.2 million homes or the capacity for approximately 6.3 GW according to the Department of the Interior.
Equinor Wind provisionally won a lease for 101,443 acres located approximately 26 nautical miles from Delaware Bay. The company’s winning bid was just over $75 million. Equinor highlights the potential for around 2 GW of power from the lease area.