Rescission of Renewable Energy Leasing Schedule
Summary
The federal government is canceling its previously announced schedule for leasing ocean areas to companies that want to build wind farms and other renewable energy projects. This means the timeline for when and where offshore renewable energy development can happen is being scrapped, which could delay or change plans for clean energy projects off U.S. coasts.
Key Points
- 1The Bureau of Ocean Energy Management (BOEM) is rescinding its renewable energy leasing schedule, meaning there is no longer an official plan for when ocean leases will be offered to renewable energy companies
- 2Companies interested in offshore wind and other renewable energy projects will face uncertainty about future opportunities to lease federal ocean areas
- 3The public has until August 21, 2025, to submit comments about this decision before it becomes final
- 4This action could delay the development of offshore renewable energy projects that depend on federal leases
- 5The change affects potential clean energy investment and jobs in the renewable energy sector
Key Dates
August 5, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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