Current XEL Stock Info

Department of Interior looking to triple federal offshore acreage for wind development

In a press release on Monday, the Department of Interior announced that more than 742,000 acres offshore Massachusetts will be offered for commercial wind energy development in a January 29, 2015, competitive lease sale.

According to an analysis prepared by the U.S. Department of Energy’s National Renewable Energy Laboratory, if fully developed, the area being offered could support between 4 and 5 gigawatts of commercial wind generation, enough electric...


Legal Notice