On October 21, 2022, the U.S. Bureau of Ocean Energy Management (“BOEM”) published a Final Sale Notice (“FSN”) for commercial leasing for wind power on California’s Outer Continental Shelf (“OCS”). Specifically, the FSN announces a list of eligible bidders, deadlines, lease stipulations, and financial terms and conditions for an auction of five leases within the Humboldt Wind Energy Area (“WEA”) and Morro Bay WEA. We highlighted these elements of the FSN and discussed bid credits in prior blog posts. Here, we summarize several aspects of the FSN which stem from the California Coastal Commission’s consistency determinations for both WEAs.
Continue Reading California Offshore Wind Lease Sale Announced by Bureau of Ocean Energy Management