Current:Home > StocksFederal government postpones sale of floating offshore wind leases along Oregon coast -MoneySpot
Federal government postpones sale of floating offshore wind leases along Oregon coast
View
Date:2025-04-17 01:30:43
PORTLAND, 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! (17187)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Jessa Duggar Shares She Suffered a Miscarriage
- Cold Justice Sneak Peek: Investigators Attempt to Solve the 1992 Murder of Natasha Atchley
- Relationships are the true heart of 1940s dystopian novel 'Kallocain'
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Dominique Fishback is the actress with a thousand faces
- The 2023 SAG Awards Nominations Are Finally Here
- Jenna Ortega's Edgy All-Black 2023 SAG Awards Red Carpet Look Deserves Two Snaps
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Check Out the Most Surprising Celeb Transformations of the Week
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Hayden Panettiere's Family Reveals Jansen Panettiere's Cause of Death
- Relationships are the true heart of 1940s dystopian novel 'Kallocain'
- Last Day to Get $90 Worth of Olaplex For $38 and Save 30% on Peter Thomas Roth, Murad, Elemis, and More
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Prince Harry and Meghan keep decision on attending King Charles III's coronation to themselves
- Peruvian man found with centuries-old mummy in his cooler bag. He called the corpse Juanita, my spiritual girlfriend.
- Blinken, Lavrov meet briefly as U.S.-Russia tensions soar and war grinds on
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
Dwyane Wade's Daughter Zaya Granted Legal Name and Gender Change
'Diablo IV' Review: Activision Blizzard deals old-school devilish delights
Fake stats, real nostalgia: Bonding with my dad through simulation baseball
Rylee Arnold Shares a Long
Raise a Glass to Jennifer Coolidge's Heartfelt 2023 SAG Awards Speech
Julia Louis-Dreyfus recalls the first laugh she got — and the ER trip that followed
Jennifer Lawrence Steps Out in Daring Style at Awards Season Party on 10th Anniversary of Oscar Win