The BLM's updated
Renewable Energy Rule went into effect on July 1, 2024. The information presented on this webpage is in the process of being updated.
Variable Offsets
The bidders may be eligible for an offset of up to 20 percent of the bonus bid based on the factors identified in the notice of competitive offer. The notice of competitive offer will identify each factor of the variable offset, the specific percentage for each factor that would be applied to the bonus bid, and the documentation required to be provided to the BLM prior to the day of the offer. The variable offset may be based on any of the following factors:
- Power purchase agreement;
- Large generator interconnect agreement;
- Preferred solar or wind energy technologies;
- Prior site testing and monitoring inside the designated leasing area;
- Pending applications inside the designated leasing area;
- Submission of nomination fees;
- Submission of biological opinions, strategies, or plans;
- Environmental benefits;
- Holding a solar or wind energy grant or lease on adjacent or mixed land ownership;
- Public benefits; and
- Other similar factors.
The BLM will determine the variable offset prior to the competitive offer.