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ARTICLE · 28 NOVEMBER 2024

Central Atlantic Offshore Wind Auctions And Recent Offshore Wind Updates

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On August 14, 2024, the United States Bureau of Ocean Energy Management ("BOEM") held its Central Atlantic offshore wind auction for two lease areas off the coasts of Delaware, Maryland and Virginia.

United StatesEnergy and Natural Resources
Lauren Bachtel
Lauren Bachtel
Will Kim
Will Kim
Kana Hayashi
Kana Hayashi

On August 14, 2024, the United States Bureau of Ocean Energy Management ("BOEM") held its Central Atlantic offshore wind auction for two lease areas off the coasts of Delaware, Maryland and Virginia. The auction lasted seven rounds and resulted in two provisional winners: Equinor Wind US LLC and Virginia Electric and Power Co, with the winning bids totaling $92.65 million. Shortly after the auction on August 22, 2024, BOEM published a Call for Information and Nominations to assess public interest in additional lease areas in the Central Atlantic – Central Atlantic 2.

Central Atlantic Offshore Wind Auction

During the auction, BOEM offered two leases totaling 277,948 acres – a 101,443-acre area offshore the States of Delaware and Maryland ("OCS-A 0557") and a 176,505-acre area offshore the Commonwealth of Virginia ("OCS-A 0558") (see maps below). As a result of the auction, Equinor Wind US LLC and Virginia Electric and Power Co, respectively, provisionally

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