Sentences with phrase «development lease auction»
The U.S. Bureau of Ocean Energy Management (BOEM), which manages wind resources off the U.S. coast, held the country's largest offshore wind development lease auction in January for 742,000 acres of open water 12 miles off the shore of Martha's Vineyard.
https://www.scientificamerican.com/ Not exact matches
Last month the Department of Interior (DOI) Bureau of Land Management (BLM) held its first competitive auction for commercial solar development on public lands, offering three parcels for lease with a collective acreage of 3,700 in the San Luis Valley of Colorado.
With its Smart from the Start leasing program, the federal government's Bureau of Ocean Energy Management hopes to avoid that controversy: the 2,400 square miles set to be auctioned off for wind development later in 2012 are located at least 10 miles from shore, on the Outer Continental Shelf off the East Coast.
In December, the international energy company Statoil Wind US LLC won an auction from the federal government to lease the area for wind energy development.
The announcement comes one week before DOI's first competitive offshore wind lease auction is held for 164,750 acres for development off the coasts of Massachusetts and Rhode Island on July 31st, an event Interior Secretary Sally Jewell has said could set the pace for future auctions.
Considering that the BLM is prohibited from cashing checks for land leased at auction until the merits of the case are heard, I wonder Tim DeChristopher who placed an inspired $ 1.7 million bogus bid to protect some of that land from development will make an effort to actual raise the cash needed to hold onto his lease.
The potential benefits from future energy production from this week's auctioned leases — jobs, economic growth and revenue for government — also suggest a couple of «what ifs»: What if the federal government included the Atlantic Outer Continental Shelf (OCS) in its next five - year leasing plan, the first step toward development in those areas?
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