Dive Summary:
- On Thursday, Dominion Virginia Power won an auction for a federal lease with a $1.6 million bid to build a 2,000 megawatt wind energy project 23 miles off the Virginia shoreline.
- “Offshore wind has the potential to provide the largest, scalable renewable resource for Virginia if it can be achieved at reasonable cost to customers,” Mary C. Doswell, senior vice president for alternative energy at Dominion, said in a statement.
- The Interior Department held the auction and will offer additional leases for off-shore wind projects for Maryland and New Jersey.
From the article:
"The project will probably be built in phases after Dominion studies how to cut costs in what is currently one of the most expensive sources of power, Jim Norvelle, the company’s spokesman, said yesterday in an interview."
