More to wind auction than highest bidder, says OEM

THE BUREAU OF OCEAN ENERGY MANAGEMENT has said that there will be more to picking an energy company for the offshore wind leases off of Rhode Island and Massachusetts than just choosing the highest bidder. / COURTESY DEEPWATER WIND
THE BUREAU OF OCEAN ENERGY MANAGEMENT has said that there will be more to picking an energy company for the offshore wind leases off of Rhode Island and Massachusetts than just choosing the highest bidder. / COURTESY DEEPWATER WIND
NARRAGANSETT – The U.S. Bureau of Ocean Energy Management will auction off leases for offshore wind energy projects on July 31, with Providence-based Deepwater Wind one of nine energy companies that have qualified for the two blocks to be leased, according Executive Director of Rhode Island’s Coastal Resources Management Council Grover Fugate. “It’s good to…

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