Articles filed under Offshore Wind from Virginia

Dominion Energy's wind farm costs to customers jumps from $8 billion to $10 billion, CEO says

The Virginia General Assembly in 2020 passed a law called the Virginia Clean Economy Act that strips regulators of some of the traditional decision-making power over utility projects, however, and directs the SCC to approve up to $9.8 billion in customer cost recovery for the wind farm. A news release from Dominion Energy on Friday estimated the project cost at that same amount — $9.8 billion.
5 Nov 2021

‘Bloody expensive.’ Major U.S. offshore wind plan hits obstacles

The State Corporation Commission (SCC) estimated Dominion’s capital costs for offshore wind could reach $17 billion, if it chased the full 5.2 gigawatt build-out of offshore wind called for in the Clean Economy Act — and up to $37 billion total when Dominion’s possible profit is factored in. The Coastal Virginia Offshore Wind project would be just 2.6 gigawatts, so the full costs remain unclear. A cost projection for the project will be clearer once the utility has filed its application with the SCC this year.
14 Oct 2021

Offshore wind farm threatens tangier family’s conch fishing livelihood

Eskridge is concerned that wind turbine EMFs could negatively affect the conch that bury themselves in the sandy, muddy bottom of the Chesapeake Bay. ...Dominion representatives told watermen that the EMF from a cable would be comparable to that of a “toaster oven.” [T]he fishermen questioned how that comparison was determined and whether even a small EMF could negatively affect a conch. No scientific study has been done.
12 Nov 2020

Maryland, North Carolina, Virginia partnering on offshore wind energy development

Virginia, Maryland and North Carolina are teaming up on an effort to kickstart wind energy and economic development off their shores. The new initiative provides a framework for the three states to "cooperatively promote, develop, and expand offshore wind energy and the accompanying industry supply chain and workforce," they said in a joint press release.
29 Oct 2020

Virginia’s first offshore wind turbines promise jobs and clean power. They won’t come cheap

The massive towers now installed off Virginia Beach were assembled in Nova Scotia and brought down on a special ship that held them vertically. Driven into the sea floor like nails, the structures now stand 620 feet above the waves. The Washington Monument, by contrast, is 555 feet tall. On Monday it took a tour boat five hours round trip to visit the towers, which occupy a 112,800-acre site Dominion leases from the federal government.
1 Jul 2020

Dominion has started building two 600-foot-tall wind turbines off the coast of Virginia

You won't be able to see them from shore, but travel far enough east off the coast of Virginia Beach and you'll soon find two wind turbines — each about the height of a 40-story skyscraper — generating electricity that will power thousands of homes. On Monday, the people behind the wind turbines ceremonially broke ground on the project, heaving shovels of sand 27 miles west on the shore of Camp Pendleton.
1 Jul 2019

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

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

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