As provisional winner of a lease area on the Outer Continental Shelf off California, Equinor continues to lead the way in growing the US’ offshore wind industry. Five leases were offered by the Bureau of Ocean Energy Management in thefirst-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities. With a bid of USD 130 million for 80.062 acres in the Pacific Ocean, Equinor secured a ~2-gigawatt (GW) lease in the Morro Bay area that has the potential to generate enough energy to power ~750 000 US homes. Following regulatory approvals, the new lease will be added to Equinor’s existing US portfolio, which includes the Empire Wind and Beacon Wind projects on the US Northeast coast, and has the potential to generate a total capacity of at least 2 GW of renewable power for the West Coast.
As provisional winner of a lease area on the Outer Continental Shelf off California, Equinor continues to lead the way in growing the US’ offshore wind industry. Five leases were offered by the Bureau of Ocean Energy Management in thefirst-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities. With a bid of USD 130 million for 80.062 acres in the Pacific Ocean, Equinor secured a ~2-gigawatt (GW) lease in the Morro Bay area that has the potential to generate enough energy to power ~750 000 US homes. Following regulatory approvals, the new lease will be added to Equinor’s existing US portfolio, which includes the Empire Wind and Beacon Wind projects on the US Northeast coast, and has the potential to generate a total capacity of at least 2 GW of renewable power for the West Coast.