Lease Sale for Offshore New York Wind Energy Announced

The Bureau of Ocean Energy Management announced on October 27 that the lease sale for 125 sq miles of Federal Waters offshore New York will be opened on December 15th. The lease sale will promote development of wind energy, part of President Obama’s efforts to increase jobs in renewable energy. Fourteen companies are qualified to participate in the lease sale. Previously 11 commercial leases off the east coast for wind energy have generated $16 million.