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US Interior Department Cancels Gulf Offshore Wind Auction Amid Low Interest, Considers New Areas Near Texas Coast.

The US Interior Department has cancelled a proposed offshore wind auction in the Gulf of Mexico due to low interest from wind companies in the region, where wind speeds are moderate and developers must compete with cheap fossil energy. However, the Bureau of Ocean Energy Management also had been asked by a Chicago renewable company to sell two separate wind areas off the coast of Texas’ Matagorda Bay. The Gulf region is known for its extensive offshore wind resources and existing energy infrastructure. The department’s regional director, James Kendall, stated that any potential development would be done in a manner that avoids potential impacts to ocean users and the environment.

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