Offshore Wind Lease Details

The United States Department of the Interior has announced a proposal that calls for the sale of an offshore wind lease, including one area about 35 nautical miles from Hampton Roads. It includes an area off the coast of Maryland and Delaware in addition to the area in Virginia. Virginia’s part of the proposed deal includes of 176,505 acres. If approved, the operating lease for the Virginia site would last 33 years. Initially, plans included a third area off the Eastern Shore, but that area was deemed not viable after a review found that significant costs and mitigation would be required.