Aug 28 (Reuters) - The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy procurement, making it an unlikely place to expand one of the most expensive forms of clean energy.
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The Interior Department will hold its first-ever offshore wind auction in the Gulf of Mexico on Tuesday, a move that comes as the Biden administration looks to slash fossil fuel emissions and combat climate change.
Players in the nascent U.S. offshore wind industry are looking beyond the grid when the Biden administration holds the first-ever offshore wind auction in the Gulf of Mexico on Tuesday