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Four offshore wind-power sites in Gulf of Maine auctioned for $22M

October 31, 2024 International, International News, National, New England

Two energy companies have won leases for 327,096 acres of federal waters off Maine and Massachusetts and hope to install floating wind-power turbines there. On Tuesday, four of eight available lease areas were sold to provisional winners in an auction by the U.S. Department of the Interior’s Bureau of Ocean Energy Management. The sales resulted in winning bids of over $21.9 million. The leases include commitments to workforce training and building a domestic supply chain, which would include an offshore wind port and supply chain facilities, according to a separate news release. more, >>CLICK TO READ<< 06:56

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‘These Waters Are Hot’: U.S. Auction Opens Up Offshore Wind Farm Rush

February 23, 2022 Gulf of Mexico, International News, Mid Atlantic, National, New England, Pacific, South Atlantic

When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. That’s set to be obliterated Wednesday,,, “We expect high bids, potentially the highest on record.” While the Trump administration only held two lease sales for offshore wind areas in four years, President Joe Biden has said he wants enough offshore wind farms to power 10 million homes by 2030 and is planning six more auctions from California to the Carolinas. Not everyone is excited about the prospect of hundreds of new turbines,,, There’s also another potential problem with a record-setting sale: power prices. Since developers will eventually be passing on the costs of building the wind farms to the homeowners and businesses that buy the electricity they generate, bidding wars and high prices for the tracts of ocean could eventually boost the price of that power. >click to read< 13:58

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Ocean Resource Privatization

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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