Offshore Wind Farm Auction Begins; Online Bidding Underway For 80-Acre Lease Areas

Posted by Shorebread | Tuesday, August 19, 2014
OCEAN CITY — Bidding is brisk thus far on Tuesday morning for the lease of the vast area off the coast of Ocean City designated for a future offshore wind farm with multiple bidders driving up the price for the two different areas in the first few hours of the auction. The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) opened the online auction for Maryland Wind … READ MORE