The Virginia State Corporation Commission is seeking comment on Dominion Energy’s proposal to construct an offshore wind facility off the coast of Virginia Beach. The Coastal Virginia Offshore Wind Commercial Project, estimated to cost about $9.8 billion, would consist of 176 turbines each having a capacity of 14.7 megawatts. Once fully built, the offshore wind…...
Interest in offshore wind energy has reached new levels driven by supportive federal action, ambitious state procurement targets, and evolving technology. Recent developments include federal approval of the second commercial-scale project, and plans to hold up to seven new lease sales by 2025 in the East Coast, as well as the West and Gulf Coasts. Despite the progress, the industry faces opposition with recent lawsuits challenging the approval of the nation’s first major offshore project, the 800-megawatt (MW) Vineyard Wind I venture, over its potential impact to the fishing industry and endangered species.
The U.S. Interior Department on Nov. 24 approved the construction and operation of the 130-megawatt South Fork Wind Project, a joint venture of Denmark-based Ørsted A/S and Eversource Energy, offshore Rhode Island. The decision marks the second federal approval of a commercial-scale offshore project, following the 800-megawatt Vineyard Wind I development off Massachusetts approved earlier…...
Western U.S. states are evaluating options to join or form a regional transmission organization (RTO) as regional coordination would strengthen electric system resilience and reliability, enhance clean energy adoption, and address transmission challenges.
U.S. President Joe Biden signed the Infrastructure Investment and Jobs Act into law on Nov.15, unlocking $62 billion for U.S. Energy Department initiatives, including revitalizing domestic manufacturing, expanding access to energy efficiency and clean energy, modernizing the power grid, and advancing next-generation technologies. Among the major provisions, the legislation allocates $6 billion for a Civilian…...
Dominion Energy Inc. on Nov. 5 filed an application with the Virginia State Corporation Commission seeking approval to build a 2.6 gigawatt offshore wind project. The Coastal Virginia Offshore Wind commercial project, which represents a $9.8 billion investment, would be the biggest offshore wind project in the U.S. The project would contribute to Virginia’s goal…...
The U.S. Energy Department on Nov. 3 launched the Net Zero World Initiative, a partnership between countries working to implement their climate action pledges and speed up the shift to net zero, resilient, and inclusive energy systems. The agency will lead the initiative as part of the Build Back Better World initiative to facilitate customized,…...
Interest in carbon pricing mechanisms has deepened as lawmakers and regulators explore policy tools to address emissions reductions in order to reach ambitious clean energy and climate goals. Cap-and-trade is figuring more prominently as an efficient market-based means to achieve significant carbon reductions and create an incentive to invest in non-emitting technologies.
The Texas Public Utilities Commission on Oct. 21 adopted a rule addressing weather emergency preparedness of power generators and utilities, the first of a two-part process in the development of reliability standards in the wake of the mid-February winter storm event. The rule requires affected companies to implement winter weather readiness recommendations identified in a…...
A growing number of states are turning to grid modernization initiatives aimed at creating a more flexible system that can accommodate the proliferation of distributed energy resources (DER) and other solutions that meet changing customer needs and climate goals.