Floating wind energy could be on the horizon offshore Oregon, where the U.S. Bureau of Ocean Energy Management (BOEM) said on Aug. 15 that it has identified two draft wind energy areas (WEA).
Together, the WEAs—located in the Brookings and Coos Bay areas—cover more than 219,500 acres, ranging from 18 miles to 32 miles off Oregon’s coast, and have a potential to generate up to 2.6 gigawatts (GW) of energy, according to BOEM.
“Oregon has major opportunities for offshore wind deployment, which will create good-paying jobs and new economic activity,” BOEM said Aug. 15. “Due to the deep waters off of Oregon’s coast, these areas are also an opportunity to accelerate U.S. leadership in floating technologies.”
Aiming to reduce emissions and dependence on fossil fuels, the U.S. is targeting 30 GW of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind by 2035.
The U.S. is near the beginning of its floating wind journey, having held in December 2022 its first wind auction for development rights in the Pacific Ocean. Five wind leases were awarded in California’s deepwater Morro Bay and Humboldt Bay. More is expected as the U.S. also gears up for potential lease auctions in the Gulf of Maine. The Central Atlantic is also being eyed for floating wind.
Identification of the Oregon draft WEAs kick off a 60-day public comment period. The comments gathered will be considered when designating the final areas, BOEM said.
“As BOEM works to identify potential areas for offshore wind development, we continue to prioritize a robust and transparent process, including ongoing engagement with tribal governments, agency partners, the fishing community, and other ocean users,” BOEM Director Elizabeth Klein said.
As part of the process, BOEM said it will have public meetings to outline data and information used to inform the draft WEAs and to discuss next steps as well as an intergovernmental task force meeting. The public comment period ends Oct. 16.
Recommended Reading
Diamondback Energy Appoints Industry Veteran Holderness to Board
2025-02-04 - Diamondback Energy has named Darin G. Holderness, who founded and served as CFO at P&A Exchange LLC and CFO at ProPetro Holding Corp. as a board of directors at the Permian Basin E&P.
Executive Compensations Rising in Sync with Shareholder Payoffs
2025-02-04 - Compensation for oil and gas executives, up an average 8% to 10%, is increasingly tied to stock metrics, rewarding performance instead of growth, according to an Alvarez & Marsal report.
Pearl Energy Investments Closes Fund IV with $999.9MM
2025-02-04 - Pearl Energy Investments’ Fund IV met its hard cap within four months of launching and closed on Jan. 31.
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
2025-02-04 - Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
Confirmed: Liberty Energy’s Chris Wright is 17th US Energy Secretary
2025-02-03 - Liberty Energy Founder Chris Wright, who was confirmed with bipartisan support on Feb. 3, aims to accelerate all forms of energy sources out of regulatory gridlock.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.