Ocean Energy Leasing Gets Simpler – No More Rigid Schedules
Published Date: 8/5/2025
Rule
Summary
The Department of the Interior is stopping the rule that required them to publish a renewable energy leasing schedule every two years. This change affects companies and communities interested in leasing ocean areas for renewable energy projects. It won’t cost extra money or cause delays but makes the process simpler and more flexible.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Biannual Renewable Leasing Rule Rescinded
The Department of the Interior is removing the rule that required publishing a renewable energy leasing schedule every 2 years. This change affects companies and communities interested in leasing ocean areas for renewable energy projects and is intended to make the leasing process simpler and more flexible without adding costs or causing delays.
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Key Dates
Department and Agencies
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