U.S. Interior Department Finalizes Rule to Streamline & Modernize Offshore Renewable Energy Development

— Secretary of the Interior Deb Haaland today announced that the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement have finalizedThe final rule increases certainty and reduces the costs associated with the deployment of offshore wind projects by modernizing regulations, streamlining overly complex processes and removing unnecessary ones, clarifying ambiguous regulatory provisions, and enhancing compliance requirements.

. “By modernizing and updating these regulations, we are paving the way for the safe and efficient deployment of offshore wind projects, providing clarity for developers while continuing to protect important natural and cultural resources.” a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028

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