Library filed under Offshore Wind from Virginia

Turbine project throws caution to the wind

The commission in charge of regulating Dominion’s proposal finds the project to be overly expensive, risky and unnecessary, but it says it is unwilling to send it back to the utility company because state legislators believe such a project, in principle, would benefit the commonwealth. That’s a shame. The commission’s research highlights significant concerns with Dominion’s proposal. Yet, the project moves ahead.
14 Nov 2018

SCC says Dominion customers will bear risks of $300 million offshore wind project, legislature to blame

The SCC concluded in a scathing 20-page order on Friday that the Coastal Virginia Offshore Wind project isn’t needed to serve Dominion customers and will cost more than any other option for generating electricity to serve the utility’s 2.6 million customers. The commission was especially direct in noting that the project’s developers won’t bear any of the risk for a project. 
3 Nov 2018

Virginia SCC Order on Dominion Offshore Wind Pilot

Scc_order_dominion_offshore_pilot_thumb The Virginia State Corporation Commission issued this order approving Dominion's proposal to construct a 2-turbine, 12 megawatt wind energy facility 27-miles off the coast of Virginia. The project has a price tag of $300 million. The SCC made clear in its order that it had no choice but to approve the project given current state statutes. However, the approval, according to the SCC's order, was contrary to what it deemed prudent as that term has been applied by this Commission in its long history of public utility regulation. The SCC bowed to the  legislative mandate by approving the project. A portion of the order is posted below. The full order can be accessed by clicking the links on this page.
2 Nov 2018

Imprudent, Unreasonable, Unnecessary, Approved

In truth, it is hard to imagine a worse factual record, a worse example of wasting ratepayer money and imposing ratepayer risk.  For $300 million or more the company will receive only 12 megawatts of power and with the assumed operational efficiency of the turbines that will work out to 78 cents per kilowatt hour.  Then a hurricane may wreck it.
2 Nov 2018

Dominion loses $40 million federal grant for Virginia offshore wind project

Dominion has proposed building two 6-megawatt turbines about 27 miles off the Virginia Beach coast, and recently has been evaluating a second set of bids for the project that would put its total cost between $300 million and $380 million. The first bid round yielded an estimate of $375 million to $400 million. Dominion’s initial projection was $230 million.
28 May 2016

Dominion encouraged by new bids for offshore wind turbines, but no decision yet

A second round of bids to build two wind turbines off the Virginia Beach coast appears to have lowered the price, but Dominion Virginia Power officials haven’t decided yet whether to green-light the demonstration project. “We are optimistic, but it is a fairly hefty cost to deploy these turbines,” Mark Mitchell, a Dominion vice president, said in an interview Wednesday.
8 Apr 2016

Dominion: Offshore wind turbines too expensive

Dominion is putting the brakes on a plan to erect two test wind turbines off the coast of Virginia Beach because the project, as it stands now, is too expensive, according to the company. Dominion had estimated that building the two 500-foot turbines would cost about $230 million, but the only complete bid for the work came back at between $375 million and $400 million, said David Botkins, a company spokesman.
24 Apr 2015

http://www.windaction.org/posts?location=Virginia&p=3&topic=Offshore+Wind
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