Sentences with phrase «lease auctions»

EDF Renewables has confirmed its intention to bid in upcoming offshore lease auctions held by the US Interior Department, adding another major global developer to the snowballing US offshore wind market.

In the Bureau of Land Management's upcoming lease auction for over 700 million tons of coal on public land in Wyoming, there's likely only to be one bidder: Peabody Energy

Earlier this decade EDF Renewables — then known as enXco — considered bidding in the very first US competitive lease auctions for zones off Rhode Island / Massachusetts and Virginia, but ultimately decided against doing so.

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.

Two big targets for majors are Brazil, which is holding lease auctions for offshore assets with low - cost production, and the U.S. shale fields, where drillers use advanced technology called hydraulic fracturing to break up rock formations and free oil and gas.

Deepwater Wind won the nation's first competitive lease auction in 2013 for exclusive rights to develop this 256 - square mile site.

Last week, DOE announced it will hold an auction for the rights to build wind turbines in 344,000 acres of federal waters off New Jersey in November, the latest of several lease auctions it has announced (E&EN ews PM, Sept. 23).

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.

French - owned group confirms it will bid in upcoming lease auctions as it ramps up ambitions off US coast

The Maryland lease auction follows two similar federal auctions in 2013 — one for a development area off the coast of Virginia and another for an area off Rhode Island and Massachusetts.

If DOI's first two lease auctions go well, we may see many more approved in the near future, and America might finally be on its way to catching up to our European competitors and keeping pace with the growing Asian market.

Recognizing that the leasing program only outlines where lease auctions could be conducted, let's take a look at some offshore basics to provide full context to a process that's critically important to our country's future energy security.

Any bidders in the upcoming lease auction will probably be highly selective in their acquisitions, said Ryan Severino, senior economist and director of research for Reis Inc., a New York - based commercial real estate research firm.

More Lease Auctions Planned DOI and BOEM are still not finished with offshore lease auctions.

Although coal leases must be auctioned off, in the last twenty years only five out of 27 lease auctions have drawn more than a single bidder.

We were chatting about Tim DeChristopher, a college student who was convicted after sabotaging an oil - lease auction, and I asked Hawkins whether more environmentalists might start engaging in non-violent civil disobedience in order to force people to pay attention to the issue.

By participating in the lease auction, the State will seek to ensure offshore wind in New York is developed at the lowest possible cost for electricity consumers while protecting the environment.