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ARTICLE · 25 OCTOBER 2022

California Offshore Wind Auction

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On October 18, 2022, the Department of the Interior announced that the Bureau of Ocean Energy Management ("BOEM") will hold an auction to sell five offshore wind energy leases in federal waters off the California coast...

United StatesEnergy and Natural Resources

On October 18, 2022, the Department of the Interior announced that the Bureau of Ocean Energy Management ("BOEM") will hold an auction to sell five offshore wind energy leases in federal waters off the California coast, with two off the coast of Humboldt and three off the coast of Morro Bay. PACW-1 is the first sale of offshore wind leases on the west coast of the United States, and the first to support the development of floating offshore wind projects anywhere in the US. The auction follows the record-breaking New York Bight auction and the Carolina Long Bay auction, both held earlier this year.

Here are six things to be aware of regarding the sale of offshore wind leases in the Humboldt and Morro Bay Wind Energy Areas.

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