The Bureau of Ocean Energy Management (BOEM) announced on March 18, 2024, the identification of a final Wind Energy Area (WEA) of 2,000,902 acres for commercial.
On 17 November 2023, the US Department of the Treasury (Treasury Department) and Internal Revenue Service (IRS) issued proposed regulations (Proposed Regulations) updating rules for the.
Recent Treasury Qualified Offshore Wind Properties Regulations natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
In 2022, U.S. state governments increased their collective procurements of offshore wind power to over 8,100 MW. While these collective procurement targets have the potential to transform electricity generation in the United States, states have so far come to these targets and approached offshore wind development more generally, on an individual basis.