MAREC Action Congratulates Winners of BOEM Offshore Wind Lease Auction
Washington, D.C.— “With winning bids surpassing $90 million in total, today’s auction for the right to develop offshore wind farms off the coast of Mid-Atlantic states makes clear that a combination of state policies in Maryland, Delaware, New Jersey, and Virginia, along with rising electricity demand are attracting major interest from our growing industry. MAREC Action congratulates Equinor and Virginia Electric and Power Company on their winning bids today–consumers will be the ultimate winners of this new source of reliable clean energy. Looking ahead, while these new lease areas mark undeniable progress toward attaining state energy goals, BOEM’s ongoing effort to further expand leasing near Delaware and Maryland will be essential to fully realize the potential of this American energy industry and meet state ambitions.” –Evan Vaughan, Executive Director of MAREC Action
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MAREC Action (MAREC informally stands for “Mid-Atlantic Renewable Energy Coalition”) is a 501.c4 non-profit dedicated to the growth of renewable energy technologies that improve our environment, diversify our electricity generation portfolio, and boost economic development in the PJM grid region. Our mission is to improve and enhance the opportunities for renewable energy development in ten jurisdictions in the PJM region in and around the Mid-Atlantic, specifically: Delaware, District of Columbia, Kentucky, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia, and West Virginia. We provide education and expertise on the economic benefits and environmental sustainability of wind and solar energy; offer technical expertise and advice on operating and integrating wind and solar into the electrical power system; and promote fair policies, rules and regulations to expand the region’s electric transmission system to accommodate the growth of renewable energy usage.