Current:Home > StocksAlgosensey Quantitative Think Tank Center-Companies back away from Oregon floating offshore wind project as opposition grows -Ascend Wealth Education
Algosensey Quantitative Think Tank Center-Companies back away from Oregon floating offshore wind project as opposition grows
NovaQuant View
Date:2025-04-10 10:29:57
PORTLAND,Algosensey Quantitative Think Tank Center Ore. (AP) — The number of companies planning to bid on a chance to develop a floating offshore wind project off the Oregon coast has been dwindling as opposition to the plan remains strong.
The federal government finalized two areas for floating offshore wind farms along the Oregon coast in February. The move brought the state closer to commercially developing and producing a renewable energy source as part of the fight against climate change.
But opposition from tribes, fishermen and coastal residents highlights some of the challenges the plan faces. Some are concerned that the construction will harm sea life, marine habitat, culturally important areas and views of the ocean.
Mainstream Renewable Power Inc., one of the companies that had planned to bid on the project, told Oregon Public Broadcasting that it will not longer participate in the sale scheduled for Oct. 15. Two others told the Oregonian/OregonLive that they, too, are backing out.
In addition to the opposition from tribes and fishermen, community groups have also voiced opposition to developing floating offshore wind farms. Coos and Curry counties will be voting on whether to oppose wind development.
The U.S. Department of Interior’s Bureau of Ocean Energy Management would not confirm the number of companies participating in the upcoming auction. It also would not say whether the auction would be delayed if only one bidder submitted a plan.
Oregon Public Broadcasting has reached out to all five eligible bidders to confirm their participation. So far, only Mainstream Renewable Power has replied.
The Confederated Tribes of the Coos, Lower Umpqua and Siuslaw Indians have sued the Bureau of Ocean Energy Management, claiming it failed to consider the environmental, cultural and economic impacts of offshore wind farms. The group hopes to delay the Oct. 15 auction.
Oregon Gov. Tina Kotek has been working to ease tensions over wind development. She acknowledged that the federal government’s process for developing it “hasn’t started off on the right foot,” but said the state must explore renewable energy options — including floating offshore wind farms — to meet its climate goals.
veryGood! (62656)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Court arguments begin in effort to bar Trump from presidential ballot under ‘insurrection’ clause
- Crews battle brush fires in Southern California sparked by winds, red flag warnings issued
- 4 former Hong Kong student leaders jailed over their praise of a knife attack on a police officer
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Steelers QB Kenny Pickett ruled out of game vs. Jaguars after rib injury on hard hit
- It's unlikely, but not impossible, to limit global warming to 1.5 Celsius, study finds
- Shop Like RHOC's Emily Simpson With Date Night Beauty Faves From $14
- Trump issues order to ban transgender troops from serving openly in the military
- The best moments from Nate Bargatze's 'SNL' hosting gig
Ranking
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- A look back at Matthew Perry's life in photos
- Ex-cop who fired into Breonna Taylor’s apartment in flawed, fatal raid goes on trial again
- Olympian Michael Phelps Expecting Baby No. 4 With Wife Nicole
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Newly elected regional lawmaker for a far-right party arrested in Germany
- Everything to know about the 'devil comet' expected to pass by Earth in the summer
- Israeli forces raid Gaza as airstrikes drive up civilian death toll before expected invasion
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Jalen Ramsey's rapid recovery leads to interception, victory in first game with Dolphins
US consumers keep spending despite high prices and their own gloomy outlook. Can it last?
Falcons make quarterback change, going with veteran Taylor Heinicke over Desmond Ridder
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Chargers vs. Bears Sunday Night Football highlights: Justin Herbert has big night in win
Israel opens new phase in war against Hamas, Netanyahu says, as Gaza ground operation expands
Deadly explosion off Nigeria points to threat posed by aging oil ships around the world