The AP is solely responsible for all content. Condensed Version for radio broadcast, Offshore Waters for the Tropical Atlantic and Caribbean, Offshore waters forecast synopsis for the Gulf of Mexico. The Biden administrations 30-gigawatt goal relies largely on using platforms anchored to the sea bottom, with power transported to shore and distributed locally from there. The number of new offshore discoveries worldwide has fallen to a 75-year low after oil companies slashed their budgets for deepwater exploration. Cause of the toxic bloom: Red tide is caused by Karenia brevis, a single-celled organism that is found in the Gulf of Mexico.High concentrations of K. brevis cells, called blooms, release toxins . The Biden administration said Wednesday, Feb. 22, 2023, it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 gigawatts of . Worriesthat todayshigh prices wont last makeinvesting in expensive, time-consuming offshore projects a hard sell. That report, made public this week, said that . About Growth was primarily driven by lease auction fees, though more than $4.4 billion was directed to port infrastructure, supply chain development, and transmission. The platform is designed to engage citizens and government leaders in a discussion about what needs improvement across the country. Join the 89,052 members that receive our newsletter. Latest News, Program Information Also out this week, the 2023 U.S. Offshore Wind Market Report found state demand for offshore wind nearly doubled in 2022. Use Ask Statista Research Service. The Biden administration isn't on track to set a schedule for new offshore lease sales by June 30, when the current five-year program expires, and federal budget documents show the White House . Americas clean energy transition is happening right here and now. The Biden administration said Wednesday it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 . From building ships big enough to transport wind turbine blades to boasting a workforce experienced in working offshore, Texas is well-positioned to be a leader in the offshore wind industry.. National Offshore Sand Inventory (NOSI) Update and Projects Supported by NOSI - Ashley Long, BOEM. Additionally it announced plans in the fall to develop floating platforms in the deep ocean for wind towers that could vastly expand offshore wind in the United States, with up to 15 gigawatts of electricity from floating sites by 2035 to power 5 million homes. The environmental group Clean Ocean Action has joined . That report, made public this week, said that state demand for offshore wind almost doubled in 2022. The sectors inability to quickly ramp up production when geopolitical disruptions like Russias war in Ukraineupend marketsis one reason why U.S. oil production at 11.8 million barrels a day remains below the pre-pandemic record of 13.1 million barrels a day, even with crude prices at 14-year highs. The Gulf Coast, which has been home to numerous offshore oil and gas wells, could . However, currently announced completion dates suggest the industry will fall short of installing 30 GW of offshore wind by 2030. Biden pushing wind power off New York and New Jersey in record lease offering. Subsea7, a company that provides services to offshore oil and gas industries, has reached a deal to acquire a majority of Seaway7s remaining shares, giving it full control over its March 3 (Reuters)About 50offshoreworkers on BPNorth Sea installations have backed strike action in a dispute over pay and overtime rates, British union Unite said on Friday. The Biden administration announced the first-ever lease sale for offshore wind power in the Gulf of Mexico on Wednesday, the next phase among recent moves that are already adding wind power up and down the U.S. Atlantic and Pacific coasts. These actions, which include proposing the first-ever Gulf of Mexico offshore wind lease sale, are advancing President Bidens clean energy and economic agenda to revitalize American manufacturing and harness American innovation to deliver reliable, affordable power to homes and businesses, while saving families money and strengthening energy security.Todays actionsalongside investments from President Bidens Inflation Reduction Act and Bipartisan Infrastructure Lawwill spur offshore wind deployment beyond the East Coast, boost American leadership on floating offshore wind technologies, and create good-paying jobs for workers throughout the nation, by: President Biden has taken decisive action to jumpstart the American offshore wind industry, ushering in billions of dollars in investments since he took officeincluding $9.8 billion in new investments in 2022 alone, more than triple the previous year. Floating turbines enable wind farm deployments in deeper water. This statistic is not included in your account. We thank these leaders for going big on offshore wind to help us secure clean, abundant energy and reduce pollution., Todays announcement is another significant milestone in the development of domestic offshore wind production. The Biden-Harris administration is on track to hit self-defined targets to lease seven new areas and perform 16 project environmental reviews. The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling CL00, +1.41% via offshore rig. By closing this message or continuing to use our site, you agree to the use of cookies. wind power is also intermittent, meaning that turbines are reliant on weather and therefore arent capable of generating electricity 24/7. View accurate Gulf of Mexico wind, swell and tide forecasts for any GPS point. A wind farm in the Gulf would be close to towns and cities that need a lot of power, including Houston, and diversifying sources of electricity could relieve congestion on the grid, she added. Necessary cookies are absolutely essential for the website to function properly. Get Mexico City's weather and area codes, time zone and DST. The Business Network has identified $17 billion in new investments driven by offshore wind activity in the United States since 2014. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc. The first sites will be off the coasts of Texas and Louisiana. This proposed lease sale will continue the legacy of energy production in the Gulf of Mexico, providing Americans with an affordable clean energy supply. This page is also available in a text version. BIDEN ADMIN WEIGHS COMPLETE BLOCK ON OFFSHORE OIL DRILLING AS GAS PRICES KEEP RISING. BOEM to Hold Gulf of Mexico Oil, Gas Lease Sale in March. February 22, 2023 at 11:14 p.m. EST. . Linked data may not represent the latest forecast. Building on Recent Administration Actions, Next Post: FACT SHEET: BIDEN-HARRIS ADMINISTRATION ANNOUNCES ACTION TO SAVE HOMEBUYERS AND HOMEOWNERS $800 PER YEAR, FACT SHEET: BIDEN-HARRIS ADMINISTRATION ANNOUNCES ACTION TO SAVE HOMEBUYERS AND HOMEOWNERS $800 PER, https://www.whitehouse.gov/briefing-room/statements-releases/2023/02/22/fact-sheet-biden-harris-administration-announces-actions-to-expand-offshore-wind-nationally-and-harness-more-reliable-affordable-clean-energy/?utm_source=link, Office of the United States Trade Representative, Federal-State Offshore Wind Implementation Partnership. Similar webpages for Coastal/Great Lakes Forecasts by Zone and High Seas Marine Forecasts are also available. A statement issued from the White House reads: For the first time, the Department of the Interior has proposed an offshore wind lease sale for three areas in the Gulf of Mexico: offshore Texas and Louisiana. Because the Gulf of Mexico already has so much infrastructure in place, operators are shifting to an infrastructure-led exploration strategy.. Okaloosa-Walton County Line to Mexico Beach 20 to 60 NM out. That means its unclear when orif offshore producers will be able to secure new Gulf leases. Best States is an interactive platform developed by U.S. News for ranking the 50 U.S. states, alongside news analysis and daily reporting. These systems are presently used in water depths greater than 5,000 feet. 1600 Pennsylvania Ave NW New Orleans, LA 70130 And late last year, the Biden administration allowed the federal governments five-year plan for offshore oil and gas leasing to expire for the first time in history, a lapse that will make new offshore leases difficult until a new plan is in place. Coastal Warning Display Program On Feb. 22, the Biden administration announced the first auction of offshore wind leases in the Gulf of Mexico. When I worked in the Gulf of Mexico in the 90s, they were calling it the Dead Sea then, right before deepwater took off, said Bob Fryklund, vice president of upstream energy for S&P Global. Global Maritime Distress and Safety System View all Special Ad Sections [Online]. The Proposed Sale Notice (PSN)includes. Withstrong, consistent winds in the Gulf, offshore wind will help reduce pollution and strengthen our electric grid, he said. You can only download this statistic as a Premium user. After a decade that saw one of the worst oil spills in U.S. history, shales ascendance and mounting climate-change concerns, some experts believethat the sun may be setting onthe Gulf. Washington, D.C. 20240 Americas wind power resources, both onshore and offshore, have the technical potential to produce40 millionGWh of electricity each year, equivalent to 11 times the amount of electricity used across the U.S. in 2020, the advocacy group Environment America said. Interior is "considering lease stipulations to ensure that communities, particularly underserved communities, are considered and engaged with early and often throughout the offshore wind energy development process, that potential impacts and benefits from lessees projects are documented, and lessees project proposals are informed by or altered to address those impacts and benefits. The offshore sector has beenbattered by back-to-back busts and a pandemic that forced mass layoffs and bankruptcies. The Biden administration on Wednesday announced the governments first-ever offshore "wind lease sale" in the Gulf of Mexico, which will give companies a chance to bid on areas of the Gulf Coast to produce wind energy and contribute to Americas "clean energy transition.". The attack in April was part of a stunning surge of piracy in the southern Gulf of Mexico, a threat that prompted an American government security alert on Wednesday. Even with the new platforms coming online, Gulf oil production wontgrow substantiallyin the coming years as maturefields decline, according to analysts. In 2016 NREL reported that the Gulf holds about 15% of the US' gross offshore wind energy potential and 25% of the country's technical offshore wind energy potential. NWS Dissemination Methods, Items of Interest But opting out of some of these cookies may affect your browsing experience. CL00, Washington, D.C. 20240 Multiplied over a field of turbines, these siting decisions mean real differences in the profitability of a project. ", IHS Markit, Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type Statista, https://www.statista.com/statistics/918575/gulf-of-mexico-offshore-oil-rig-count-by-contract-type/ (last visited March 04, 2023), Monthly number of offshore oil and gas rigs in the U.S. Gulf of Mexico from May 2021 to February 2023, by contract type [Graph], IHS Markit, February 17, 2023. Questions? Enter your email and get some awesome stuff every week. High Seas Forecasts ESI is a widely used approach to sensitive environment mapping in the U.S. Gulf of Mexico Offshore Monitoring Experiment (GOOMEX): marine chemistry, fish & shell-fish surveys, benthic organisms, pollutants, and current meter data. In addition, California and Louisiana are joining Atlantic Coast governors and the Biden administration in the Federal-State Offshore Wind Implementation Partnership, it was announced. National Oceanic and Atmospheric Administration. In, IHS Markit. In FY2021, revenues totaled $4.1 Billion from OCS oil and gas activities. The sale remains tentative. U.S. proposes three offshore wind areas in Gulf of Mexico U.S. federal authorities have set out three lease areas for offshore wind development off the coast of Louisiana and Texas in the first auction in the Gulf of Mexico. "Monthly Number of Offshore Oil and Gas Rigs in The U.S. Gulf of Mexico from May 2021 to February 2023, by Contract Type. See here for details. Contracts for offshore wind development rose 36% over the past year, with most of those contracts going to U.S.-based project developers. Advancing Offshore Wind in the Gulf of Mexico: For the first time, the Department of the Interior (DOI) is announcing a proposed offshore wind lease sale for three areas in the Gulf of Mexico . and cookie policy to learn more about the cookies we use and how we use your The Biden administration said Wednesday, Feb. 22, 2023, it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 gigawatts of offshore wind by 2030 to help fight climate change. The move comes as we're due to spring forward March 12. The proposed sale, which could take place as soon as this summer . Profit from the additional features of your individual account. Copyright 2023. The waters in the Gulf are shallow enough for traditional technology that secures wind turbines to the ocean floor. Itsdeep trove of reservoirs is responsible forabout 14%of the U.S.scrude production, second only to the countrys prolific shale fields. Among the top 10 states with the most wind turbines, Texas ranks the highest with over 10,000 more turbines than second-ranked Iowa. George Bush Intercontinental Airport, IAH About 93 mi NNE of Gulf; William P. Hobby Airport, HOU About 74 mi NNE of Gulf; Austin-Bergstrom International Airport, AUS