The State of Maine just got a very strange offshore wind lease from the Feds. They call it a research lease as opposed to a commercial development lease. It has some mysterious features that are worth pondering.

There may even be a many billion-dollar trick here. We consider that at the end, after briefly explaining the mysteries.

To begin with, the lease is for a 144 MW “research array” of turbines, as it is called. Well, 144 MW is huge for research. The South Fork Wind site (fixed, not floating) that is already running is a 12-turbine, 132 MW commercial facility, so this array will be bigger than commercial.

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