Current:Home > StocksFederal government postpones sale of floating offshore wind leases along Oregon coast -Infinite Edge Capital
Federal government postpones sale of floating offshore wind leases along Oregon coast
View
Date:2025-04-18 20:18:21
PORTLAND, Ore. (AP) — The federal government postponed an auction of floating offshore wind leases off the Oregon coast on Friday after developers said they wouldn’t bid and the state’s governor asked that all leasing activities stop.
The Bureau of Ocean Energy Management did not set a new date for the sale. It said the decision to postpone the sale scheduled for Oct. 15 was based on “insufficient bidder interest at this time.”
Oregon Gov. Tina Kotek wrote to the agency shortly before the announcement, asking it to terminate the current auction, Oregon Public Broadcasting reported. Kotek cited growing concerns from coastal and fishing communities, tribes and others.
Some are concerned that the construction will harm sea life, marine habitat, culturally important areas and views of the ocean. The Confederated Tribes of Coos, Lower Umpqua and Siuslaw Indians — whose culture is tied to the ocean — sued the federal government.
In light of the mounting opposition, the number of companies planning to bid on the leases dwindled.
Five companies were qualified to bid. Mainstream Renewable Power Inc., one of the five, told Oregon Public Broadcasting this week that it will not longer participate. Two others told the Oregonian/OregonLive that they, too, are backing out.
The Bureau of Ocean Energy Management said Friday that it will continue working with government agencies and tribal governments, as well as support ongoing processes to engage with stakeholders, in order to figure out a future opportunity for a potential lease sale.
There are only a handful of floating offshore arrays across the globe. California awarded the first-ever leases in the U.S. to develop commercial-scale floating wind farms in 2022. The federal government issued the nation’s first floating offshore wind research lease to the state of Maine in August.
In Oregon, the plans for floating wind involve two areas covering 305 square miles (790 square kilometers) off the state’s southern coast. The two areas are 32 miles (52 kilometers) off the coast of Coos Bay and 18 miles (29 kilometers) from the small city of Brookings, near the California state line.
veryGood! (481)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Burger King is giving away a million Whoppers for $1: Here's how to get one
- Rōki Sasaki is coming to MLB: Dodgers the favorite to sign Japanese ace for cheap?
- Father sought in Amber Alert killed by officer, daughter unharmed after police chase in Ohio
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- NBC's hospital sitcom 'St. Denis Medical' might heal you with laughter: Review
- Messi breaks silence on Inter Miami's playoff exit. What's next for his time in the US?
- Bitcoin has topped $87,000 for a new record high. What to know about crypto’s post-election rally
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Cleveland Browns’ Hakeem Adeniji Shares Stillbirth of Baby Boy Days Before Due Date
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Early Week 11 fantasy football rankings: 30 risers and fallers
- 2025 Medicare Part B premium increase outpaces both Social Security COLA and inflation
- Auburn surges, while Kansas remains No. 1 in the USA TODAY Sports men's basketball poll
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Judith Jamison, acclaimed Alvin Ailey American dancer and director, dead at 81
- Harriet Tubman posthumously named a general in Veterans Day ceremony
- John Robinson, successful football coach at USC and with the LA Rams, has died at 89
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Apologetic rapper Tekashi 6ix9ine gets 45 days in prison for probation violations
Here's what 3 toys were inducted into the National Toy Hall of Fame this year
Former Disney Star Skai Jackson Is Pregnant, Expecting First Baby With Her Boyfriend
Military service academies see drop in reported sexual assaults after alarming surge
CFP bracket prediction: SEC adds a fifth team to field while a Big Ten unbeaten falls out
Jennifer Lopez Turns Wicked Premiere Into Family Outing With 16-Year-Old Emme
Pentagon secrets leaker Jack Teixeira set to be sentenced, could get up to 17 years in prison