What the auction actually sold
In December 2022, the federal Bureau of Ocean Energy Management (BOEM, the agency that leases the seafloor off the coast) auctioned five areas off California, three of them in the Morro Bay Wind Energy Area. Developers including Equinor and Invenergy won the Morro Bay tracts, paying a combined sum on the order of hundreds of millions of dollars for the right to study and, eventually, propose projects there.
A lease is not a permit to build. Each company still has to file a Construction and Operations Plan (the detailed blueprint BOEM reviews, with environmental study and public comment) before a single anchor goes in the water. At last public report, none of the Morro Bay leaseholders had a federally approved plan, and that review runs years, not months, so treat any "first power" date you hear as a hope, not a schedule.
Why these turbines have to float
The water in the Morro Bay area drops off fast, on the order of half a mile deep across much of the lease, far too deep for the fixed foundations used off the East Coast and in Europe. California's turbines would float instead, tethered to the seafloor by mooring lines and cables, a design that works but has been built at commercial scale in only a handful of places worldwide.
Winter swells, long-period Pacific storms, and the summer marine layer that locals call June gloom all shape what a floating platform must survive and how often crews can reach it. Strong wind and big seas are the same weather, so the engineering that captures the one has to hold up in the other, and that is a large part of why the schedules keep slipping.
The ports are the real bottleneck
Floating turbines are too big to truck in pieces, so they get assembled at a deepwater port and towed out whole. California does not yet have a port built for that. On the north coast, the Humboldt Bay Harbor District is developing a heavy-lift terminal with state and federal help; in the south, the Port of Long Beach has proposed a large floating-wind assembly terminal, sometimes called Pier Wind, at a cost on the order of several billion dollars and a timeline stretching into the 2030s.
For the LA basin specifically, the open question is not just the turbines but the wire. Power landed near the central coast has to reach Southern California load, and the existing lines around the retiring Diablo Canyon plant are one much-discussed path. None of that transmission is contracted or built yet, and who pays for it is its own long fight at the California Public Utilities Commission.
Worth watching this month
1. Watch BOEM's California activities page for any Construction and Operations Plan filing or public scoping notice tied to the Morro Bay leases, the first real sign of a project taking shape.
2. Track the California Energy Commission's offshore wind docket for any change to the state's planning goals, which at last public report aimed at roughly 25 gigawatts of offshore wind by 2045.
3. Look for any Port of Long Beach board vote or funding award on the Pier Wind terminal, since no major floating project moves without a port behind it.
4. Follow the Humboldt Bay Harbor District for construction milestones on its heavy-lift terminal, the project furthest along on the port side.
5. Keep an eye on the CPUC and CAISO transmission planning process for any central coast line tied to offshore wind, routine paperwork now that quietly decides whether this power ever reaches LA.