October 22, 2024about 1 year ago

Environmental Review of New York Bight Lease Areas Completed

The US Bureau of Ocean Energy Management (BOEM) has finalised an environmental review to assess potential wind development activities across six lease areas offshore New York and New Jersey in an area known as the New York Bight. BOEM prepared a Programmatic Environmental Impact Statement (PEIS) to

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In February 2022, BOEM held an auction that brought in over USD 4.3 billion for the rights to six lease areas in the New York Bight – a record amount for any US offshore renewable or conventional energy lease sale.

BOEM estimates that the full development of leases in this area, totaling over 488,00 acres, has the potential to create up to 5.6 to 7 GW of offshore wind, enough to power up to two million homes.

New York Bight Lease Sale Ends with USD 4.37 Billion Secured for US Treasury

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