Coastal Virginia Offshore Wind (CVOW) project
Democrats won elections in Virginia and Georgia that have implications for energy policy: offshore wind and data centers in Virginia and affordability in both.
Dominion Energy reported $1 billion in net income in the third quarter, which saw it remain on track with its offshore wind project while its pipeline of data center customers grew yet again.
The infrastructure that supports our ability to generate and move critically needed electrons relies heavily on a regulatory environment that offers some consistent level of predictability, says columnist Peter Kelly-Detwiler.
Dominion Energy reported demand growth from data centers in its territory and that its CVOW offshore wind project was more than halfway complete on its second quarter earnings call.
Dominion Energy reported that Coastal Virginia Offshore Wind has already seen slight cost impacts from President Trump's tariffs, which could grow as the project is still on track for completion in 2026.
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
Dominion Energy CEO Bob Blue discussed continued growth in data center demand, offshore wind and the firm's Connecticut nuclear plant during the company's Q4 earnings call.
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
President-elect Trump said he would halt offshore wind power development, but how big of an impact he will have on the industry remains to be seen.
Dominion Energy reported net income of $953 million in the third quarter this year, as it continued to see load growth from data centers, progress on its offshore wind project, and infrastructure damage from Hurricane Helene.
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