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Bureau Of Ocean Energy Management

All articles tagged with #bureau of ocean energy management

business2 hours ago•4 min saved

Vineyard Wind fights federal halt with lawsuit over offshore project

Vineyard Wind has filed a lawsuit against the Trump administration to overturn a December order pausing construction on its Massachusetts offshore wind project, arguing the suspension was unlawful. The 52-page complaint seeks a temporary injunction to resume work on a project that is about 95% complete, has already generated power, and has spent roughly $4.5 billion, while losing about $2 million daily due to the halt. The case comes as other paused offshore wind projects see judicial rulings allowing resumes, and state officials warn that delaying these projects risks reliability and higher costs for the region’s electricity. The project is under risk of losing its installation vessel if the pause persists past March 31, 2026.

via WBUR|

#bureau-of-ocean-energy-management #business #grid-reliability

energy1 year ago•6 min saved

"Oregon Coast Designated for Floating Offshore Wind Farms by Federal Government"

The federal government has designated two areas off the Oregon coast for floating offshore wind farms, with the potential to produce 2.4 gigawatts of energy, enough for 800,000 homes. Governor Tina Kotek sees offshore wind as crucial for meeting the state's renewable energy goals and economic development. However, the Confederated Tribes of the Coos, Lower Umpqua, and Siuslaw Indians expressed disappointment, stating that areas of cultural significance were identified for offshore wind without adequate consultation. The Bureau of Ocean Energy Management will conduct an environmental assessment and public comment periods before moving forward with lease sales in the designated areas.

via KTVZ|

#bureau-of-ocean-energy-management #energy #offshore-wind

energy2 years ago•3 min saved

"Biden administration's historic Gulf of Mexico lease sale sparks green activism and sets new offshore drilling record"

The Biden administration will proceed with a massive offshore oil and gas lease sale covering over 73 million acres in the Gulf of Mexico, despite previous attempts to cancel the auction due to climate and environmental concerns. The sale, known as Lease Sale 261, is expected to attract significant bids from industry players and could generate hundreds of millions of dollars. The decision to hold the sale comes after an appeals court ruled against the administration's efforts to scrap the auction and follows years of litigation and settlements with environmental groups. This sale is considered crucial for companies seeking new lease blocks for exploration and development, as it may be the last opportunity until at least 2025. However, concerns remain about the Biden administration's stance on offshore oil and gas production, which could potentially discourage future sales and drive investment overseas.

via Fox News|

#biden-administration #bureau-of-ocean-energy-management #energy