Virginia Business reported on the SCC's approval of Virginia's offshore wind farm, quoting AEE's Harry Godfrey the project's economic impact. Read snippets below and the full article here.
The State Corporation Commission has approved Dominion Energy Inc.’s application for the proposed $9.8 billion Coastal Virginia Offshore Wind Project (CVOW), which calls for the construction of 176 wind turbines 27 miles off the coast of Virginia Beach.
Harrison Godfrey, managing director of Virginia Advanced Energy Economy, an industry association that has supported Dominion’s proposal, applauded what it called the SCC’s attempts to protect ratepayers by requiring Dominion to provide notices if the wind farm’s total costs exceed estimates as well as requiring the utility to deliver project updates to the commission on any material changes or cost overruns.
Virginia Advanced Energy Economy has estimated that the offshore wind industry will add 5,000 jobs to the commonwealth over time.
Read the full article here.