Two offshore wind power auctions in the Gulf of Mexico got no bids : The Indicator from Planet Money The Gulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high for the sale with over a dozen companies expressing interest. But two of the three patches of sea didn't get any bids at all.

Today, we look at one clean energy experiment and see what choke points remain for offshore wind.

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A Man, A Plan, Wind Power, Uruguay - Planet Money (Spotify/Apple)

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Why offshore wind is facing headwinds

Why offshore wind is facing headwinds

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GRAND ISLE, LA - AUGUST 24: Brown pelicans, the state bird of Louisiana, fly overhead as a fishing trawler moves through the Gulf of Mexico off the coast of Grand Isle, Louisiana on August 24, 2019. (Photo by Drew Angerer/Getty Images) Drew Angerer/Getty Images hide caption

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Drew Angerer/Getty Images

GRAND ISLE, LA - AUGUST 24: Brown pelicans, the state bird of Louisiana, fly overhead as a fishing trawler moves through the Gulf of Mexico off the coast of Grand Isle, Louisiana on August 24, 2019. (Photo by Drew Angerer/Getty Images)

Drew Angerer/Getty Images

The Gulf of Mexico saw its first-ever auction of leases for offshore wind this summer. It was another sign of the Biden administration's desire to get more renewable energy online as fast as possible. Expectations were high for the sale with over a dozen companies expressing interest. But two of the three patches of sea didn't get any bids at all.

Today, we look at one clean energy experiment and see what choke points remain for offshore wind.

Related Episodes

A Man, a plan, wind power, Uruguay (Spotify/Apple)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.