Biden admin confirms 12 offshore wind auctions through 2028 [Video]

• The Biden administration plans to hold up to twelve auctions of offshore wind development rights by 2028, with four auctions scheduled for this year.
• This schedule aims to provide predictability for states planning large-scale investment projects, according to the Interior Department.
• New York state recently halted three major planned offshore wind farms.

President Joe Biden’s administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year.

The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in a statement.

“Our offshore wind leasing schedule will provide predictability to help developers and communities plan ahead and will provide the confidence needed to continue building on the tremendous offshore wind supply chain and manufacturing investments that we’ve already seen,” Interior Secretary Deb Haaland said in a …