80,000 acres off Maryland leased for wind energy

ANNAPOLIS, Md. (AP) — The U.S. Department of the Interior says it has auctioned some 80,000 acres off Maryland for wind energy development.

The Bureau of Ocean Energy Management held an auction on Tuesday. US Wind Inc. submitted the winning bid of $8.7 million.

The Maryland Wind Energy Area is located, at its closest point, about 10 nautical miles off Ocean City. Federal officials say When fully built, the wind energy area could generate enough energy to power about 300,000 homes.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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