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The US Bureau of Ocean Power Administration (BOEM) has closed the primary day of bidding for offshore wind lease areas in California with USD 402.1 million in bids after 20 rounds. Right this moment, 7 December, the race to construct the primary floating wind farms off the US Pacific coast will proceed.

The US is auctioning off 5 lease areas situated off northern and central California that cowl roughly 373,267 acres and have a mixed capability of over 4.5 GW.

BOEM California Humboldt and Morro Bay lease areas floating offshore wind

Put in capability might find yourself being larger, if wanting on the New York Bight lease sale as a reference level, the place the lease winners later introduced a lot larger capability than estimated and the US Division of the Inside (DOI) itself had famous forward of that public sale that extra gigawatts than forecast could possibly be put in as offshore wind know-how continues to advance.

Offshore California, the anticipated put in capacities are between 769 MW and 976 MW.

The 2 Northern California Lease Areas, close to Humboldt Bay, cowl 63,338 (OCS-P 0561) and 69,031 (OCS-P 0562) acres and are estimated to accommodate 769 MW and 838 MW of (floating) offshore wind capability, respectively. The Humboldt Bay areas closed the primary bidding day with bids of practically USD 63 million and USD 79 million.

The three Morro Bay areas – every of which is round 80,000 acres large and anticipated to have an put in capability of little over 970 MW – are additionally the most costly, with beginning bids set at round USD 8 million which have now reached between USD 75 million and USD 100 million.

The bidders within the California lease sale, the primary US offshore wind public sale within the Pacific and the first-ever to assist floating wind know-how, are usually not proven in BOEM’s round-by-round updates. What is understood thus far is that 43 entities certified for bidding, with most of them being international offshore wind and oil and fuel majors.

This lease sale has been labeled as crucial to attaining the Biden-Harris administration’s deployment purpose of 30 GW of offshore wind vitality by 2030, in addition to the not too long ago introduced floating wind goal of 15 GW by 2035.

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