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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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
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.