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RICHMOND, Va. – December 18, 2020 (Investorideas.com Newswire) Dominion Power announced nowadays the organization has filed with the Bureau of Ocean Energy Management (BOEM) the expected Building and Functions Prepare (COP) to build the 2,640-megawatt Coastal Virginia Offshore Wind (CVOW) commercial challenge, the major planned offshore wind farm in the United States.
“This is an vital phase in the method towards bringing commercial-scale offshore wind to the Commonwealth and exhibits Dominion Energy is committed to offering the clean, renewable and reputable vitality our customers anticipate from us,” mentioned Joshua Bennett, Dominion Energy’s vice president of offshore wind. “We seem ahead to doing work with the Bureau of Ocean Energy Management as the CVOW industrial project moves as a result of the allowing method.”
The COP includes information and facts about the design, functions and conceptual decommissioning plans for Dominion Energy’s proposed offshore wind farm to be mounted in a 112,800-acre Business Lease Space found 27 miles off the coastline of Virginia Seashore, which Dominion Electricity attained in 2013. Information about onshore and aid facilities is provided in the COP as very well.
Through this filing, Dominion Electrical power reveals, among the other issues, it designed and sited the CVOW commercial project in a fashion that protects pure resources, the natural environment and human and wildlife overall health utilizes the best obtainable and safest engineering and does not unreasonably interfere with other employs of the Outer Continental Shelf, such as industrial and leisure fishing, professional shipping and delivery lanes and armed forces teaching maneuvers.
Facts dependent on the outcomes of the quite a few surveys of the lease location – geophysical, geotechnical, organic, cultural, socioeconomic – are also integrated in the submitting for BOEM’s overview, which will acquire about two many years to total.
Offshore wind generation is a significant part of Dominion Energy’s thorough cleanse vitality strategy to meet specifications mandated in the Virginia Clear Economy Act and to realize the company’s internet zero carbon dioxide and methane emissions commitment by 2050.
The firm previously this yr finished the design of CVOW’s to start with stage – the two turbine, 12-megawatt pilot venture, which is positioned adjacent to the Professional Lease Place. The two turbines are operational even though the venture undergoes BOEM’s specialized review just before officially moving into provider.
The corporation applied the valuable allowing, structure and set up experience from the CVOW pilot task to its proposed commercial task. Pending approval by the Condition Corporation Commission, the CVOW industrial project is on keep track of to start building in 2024, and upon completion in 2026, will supply plenty of renewable electrical energy to electrical power up to 660,000 residences.
According to an financial affect study carried out by Glen Allen-centered Mangum Economics and commissioned and revealed by the Hampton Roads Alliance, it is believed that the CVOW professional undertaking could create close to 900 employment and $143 million in financial affect on a yearly basis all through development and 1,100 employment and almost $210 million in financial impression annually for the duration of procedure of the turbines.
In the same way, all through building, the 2.6-gigawatt CVOW commercial undertaking is approximated to deliver practically $5 million per 12 months in regional and point out tax earnings which will increase to practically $11 million each year as soon as the job is commissioned and operational.
About Dominion Power
More than 7 million customers in 16 states energize their households and businesses with electricity or natural gasoline from Dominion Electricity (NYSE: D ), headquartered in Richmond, Va. The corporation is dedicated to sustainable, dependable, reasonably priced and risk-free energy and to attaining internet zero carbon dioxide and methane emissions from its electric power technology and gasoline infrastructure functions by 2050. Make sure you take a look at DominionEnergy.com to learn additional.
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