Biden Administration Schedules Second Mid-Atlantic Offshore Wind Lease Sale

The U.S. Department of the Interior has announced its plans to hold its second offshore wind energy lease sale in the Central Atlantic. The sale is scheduled for August 14, 2024.

The two lease areas, managed by the Bureau of Ocean Energy Management (BOEM), are expected to generate around 6.3 gigawatts of renewable energy, potentially powering up to 2.2 million homes.

The lease areas include one location offshore the states of Delaware and Maryland, and another offshore the Commonwealth of Virginia. Seventeen companies have qualified to participate in the sale.

“We are taking action to jumpstart America’s offshore wind energy industry and using American innovation to deliver reliable, affordable power to homes and businesses, while also addressing the climate crisis,” said Secretary Deb Haaland.

This upcoming lease sale is the Biden Administration’s second in the mid-Atlantic region, with a previous auction in May 2022 raising $315 million in winning bids for lease areas off of North Carolina and South Carolina.

The Biden-Harris administration has made significant strides in offshore wind energy, approving the country’s first eight commercial-scale offshore wind energy projects in federal waters. The Department has announced plans for up to 12 additional lease sales through 2028.

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