The Capitol Pressroom

Demand for offshore wind energy sparks rush for coastal waters


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March 8, 2022 - A recent federal auction of coastal waters in the Northeast generated more than $4 billion in lease deals, as firms look to make a profit on the offshore wind goals of states like New York. Politico New York reporter Marie French recaps the highlights of the multi-day auction and explains what happens next for the state's offshore wind development.
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