Author Topic: Biden’s Galveston Wind Farm Leases Receive No Bids at Auction  (Read 1349 times)

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Texas Scorecard by  Katy Marshall August 30, 2023

Texas Land Commissioner Dawn Buckingham said, “The liberal fantasy around so-called ‘green’ energy is a lie.”

A proposed wind farm off the coast of Galveston may be dead in the water, after not a single company bid to take the project.

The Bureau of Ocean Energy Management auctioned off three proposed wind farm leases on Tuesday, including one in Lake Charles, Louisiana, and two areas 24 miles offshore from Galveston.

Energy company RWE Offshore U.S. Gulf secured the 102,480-acre Lake Charles lease for more than $5 million, but no companies took a chance on the Galveston leases—one listed at 102,480 acres and the other at 96,786 acres. BOEM set the starting bids for both Texas leases at more than $4 million.

The three leases are smaller than President Joe Biden’s original wind farm plan, which included 546,645 acres off the Galveston coast and 188,023 acres in Lake Charles.

More: https://texasscorecard.com/federal/bidens-galveston-wind-farm-leases-receive-no-bids-at-auction/