The Biden administration scored $93 million from offshore wind developers Wednesday in a lease auction for areas off the Atlantic coast, which is a good sign for the nascent industry that still faces political and economic headwinds. POLITICO’s Kelsey Tamborrino breaks down why the sale is the latest barometer for the industry and the challenges it still faces. Plus, Puerto Rico’s fragile power grid suffered another massive failure after Tropical Storm Ernesto hit the territory.

For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch

And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy

Kelsey Tamborrino is a reporter covering clean energy for POLITICO.
Josh Siegel is an energy reporter for POLITICO.
Nirmal Mulaikal is a POLITICO audio host-producer.
Alex Keeney is a senior audio producer at POLITICO.
Gloria Gonzalez is the deputy energy editor for POLITICO.
Matt Daily is the energy editor for POLITICO.

Learn more about your ad choices. Visit megaphone.fm/adchoices