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The Boston Globe

Business

US poised to sell offshore wind leases

Interior secretary warns loss of funds would set back renewable energy gains

A year after designating large swaths of federal water south of Martha’s Vineyard as ideal for offshore wind development, the government is preparing to hold competitive lease sales for plots inside one of those wind energy areas this summer, outgoing Secretary of the ­Interior Ken Salazar said Tuesday.

Lease sales inside the expanse covering roughly 257 square miles — and others inside another plot off the coast of Virginia — will be the first of their kind, Salazar told a crowd of about 300 at the opening of the Offshore Wind Power USA conference in Boston. The area off Martha’s Vineyard is about 10 times the size of the controversial Cape Wind site off Cape Cod.

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