Yesterday’s Department of the Interior wind energy auction for two lease areas offshore the Carolinas attracted competitive winning bids from two companies – TotalEnergies Renewables USA and Duke Energy Renewables Wind – totaling approximately $315 million.
The sale offered two lease areas covering 110,091 acres in the Carolina Long Bay area offshore North Carolina and South Carolina. If fully developed, the leases could result in about 1.3 gigawatts of offshore wind energy, enough to power...