Offshore Wind Lease Awarded Off Martha’s Vineyard
As a result of the offshore wind lease auction on January 29, 2015, the Bureau of Ocean Energy Management leased over 350,000 acres about 12 nautical miles south of Martha’s Vineyard. The bids came in just under $450,000 from RES American Developments and Offshore MW. If built, the bureau says the wind farms could provide enough energy to power 700,000 homes.
Photo Credit: Mark Heard