Friday, February 21, 2014

Dominion Energy Company Leases Site Off Ocean City

Energy company Dominion says it plans to bid on a lease for a vast expanse of ocean off Maryland's coast set aside for the development of wind farms. The Richmond, Va.-based company said Tuesday it has filed with the Bureau of Ocean Energy Management to be among the bidders for the nearly 80,000 acres off the coast of Maryland. The area will be auctioned in two separate leases. The north lease area totals 32,737 acres and the south lease area consists of 46,970 acres. An auction date has not been set but is expected to take place this year.

Dominion says the site 10 to 30 miles east of Ocean City offers the potential of up to 1,450 megawatts of wind power.In September, the company won an auction for nearly 112,799 acres off the Virginia coast for the development of wind power.Dominion Resources Inc. is one of the nation's largest producers and transporters of energy.Energy company Dominion says it plans to bid on a lease for a vast expanse of ocean off Maryland's coast set aside for the development of wind farms.

The Richmond, Va.-based company said Tuesday it has filed with the Bureau of Ocean Energy Management to be among the bidders for the nearly 80,000 acres off the coast of Maryland.The area will be auctioned in two separate leases. The north lease area totals 32,737 acres and the south lease area consists of 46,970 acres.An auction date has not been set but is expected to take place this year.

Dominion says the site 10 to 30 miles east of Ocean City offers the potential of up to 1,450 megawatts of wind power.In September, the company won an auction for nearly 112,799 acres off the Virginia coast for the development of wind power.

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