Page 21: of Maritime Reporter Magazine (June 2017)

a good foundation to build the program sarily a lesson learned from Europe, but Administration has clearly identi? ed na- might be appropriate for leasing opportu- into the future. certainly they have let us know it’s an tional interest in regards to energy gener- nities. I think we have turned a corner in

Our last two sales – one off of New important thing and it is something we ation, and they very speci? cally include the offshore wind industry and we may

York and one off of North Carolina – have found out as well. In terms of spe- renewable sources. That’s a positive. We be looking at a very high level of activity were very promising. The bids were ci? c items, one of the things that we are also had, after our last sale last month in in offshore wind in the future.

substantial to say the least, based on our pursuing that comes from European ex- North Carolina which was higher than expectations, and it indicates that there is perience is the design envelope; an effort anticipated, Secretary (of Interior Ryan)

What are the long term plans, proj- very strong industry interest in moving to provide enough ? exibility to develop- Zinke noted that this was a ‘big win’ ects or projections which estimates forward in a commercial basis offshore. ers from a regulatory and review process and that it ? ts very well with the overall the role of offshore renewables in (In mid-March it was announced that a standpoint to keep projects moving along strategy, noting that ‘it was a big win for the future of U.S. energy – 5, 10,

Wind Energy Area of 122,405 acres off- with required environmental analysis and collaborative efforts with state, local and 20 years down the line?

shore Kitty Hawk, NC, received the high support without having a process that is private sector partners.’ We think it is very strong. Long term, bid of $9,066,650 from Avangrid Re- so restrictive that we run into long delays on the East Coast, we anticipate a num- newables, LLC, the provisional winner. every time there is a change. I’m over- ber of projects over the next few years The current energy markets, spe-

Also participating in the lease sale were simplifying a little bit, but this is some- in the shallow water sector. We expect ci