Duke Energy Corp. bid $155 million to secure the federal lease for 55,154 acres in the Atlantic Ocean 20 miles off Bald Head Island southeast of Wilmington to develop what could be as much as a 1.6-gigawatt wind project.
[ALSO READ: 2 companies bid $315M to develop wind power off Carolinas]
Duke Energy Renewables Wind LLC, a subsidiary of Duke’s commercial Duke Energy Sustainable Solutions business, was named the provisional winner on Wednesday of one of two N.C. offshore-wind lease auctions held by the Bureau of Ocean Energy Management.
The auction for a companion 54,937-acre lease was provisionally awarded for $160 million to TotalEnergies Renewables, a subsidiary of the French multi-national TotalEnergies SE.
Duke N.C. President Stephen De May said winning the lease is an important step for Duke as it works to comply with the N.C. Clean Energy Plan adopted in October as part of the Energy Solutions for N.C. Act.
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“Securing this lease creates optionality for future offshore wind if the North Carolina Utilities Commission determines it’s part of the least-cost path to achieve 70% carbon reduction by 2030 and net-zero by 2050,” he said. “As we continue to assess the area and project potential, we look forward to listening and learning from diverse stakeholders and community members in the region to ensure we are being thoughtful about all aspects of the potential project.”
Read more here.
(Watch the video below: Action 9 helps Gastonia man who claims Duke Energy damaged driveway)
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