America’s largest offshore wind project is about to begin generating electricity.
Dominion Energy said Monday it expects Coastal Virginia Offshore Wind will start producing electricity before the end of March. The announcement follows a tumultuous period that saw the Trump administration halt work on the $11.5 billion project for nearly a month. It also comes as power demand in Virginia explodes in response to new data center development.
Construction of CVOW resumed in January after Dominion successfully challenged the Trump administration stoppage in court. Company executives said Monday the interruption cost $228 million while tariffs added another $137 million to the project’s cost, increasing its total price tag from about $11.2 billion to roughly $11.5 billion
“Slowing it down, as was demonstrated with the last stop work order, adds costs and adding costs and delays in the data center capital of the world, we think that doesn’t make sense,” Dominion CEO Robert Blue told financial analysts during an earnings call Monday.
