The first US offshore wind auction in the Gulf of Mexico was a dud

Germany's RWE won the rights to a lease area in the Gulf of Mexico auction, marking the first-ever US offshore wind auction, but only one lease area received a bid, highlighting the importance of state policy and support for offshore wind development.

electrek.co

Relevant topic timeline:

8/29/2023

First US offshore wind auction in Gulf of Mexico attracts one winning bid

The Biden administration's first offshore wind development auction in the Gulf of Mexico resulted in a single winning bid of $5.6 million, indicating limited demand for clean energy in a region known for oil and gas production.

8/29/2023

Blow to Biden as offshore wind auction in Gulf of Mexico fails to stir interest

The Biden administration's first offshore wind auction in the Gulf of Mexico resulted in only one lease being awarded out of three, raising concerns about the viability of offshore wind in the region and the need for government involvement in its development.