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Mike Beehler's picture
COO, Mike Beehler & Associates, LLC

See for my first book, The Science of the Sale.  MBA, LLC believes that strategically positioning for success and growth in the electric utility industry will require...

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  • Apr 25, 2022

Who is correct about the hugely ambitious plans for utility-scale offshore wind projects?

From the article…”On Friday, the Virginia Attorney General's Office filed testimony on behalf of its Division of Consumer Counsel saying that the 180-turbine offshore wind project planned by Dominion will be two to three times more expensive than solar energy and is not needed for the utility's capacity. Virginia has a clean energy mandate in place encouraging renewable energy development, but the recent testimony said the $9.8 billion project posed "significant risks" to customers and that its economic benefits were overstated.

In response, Dominion spokesperson Jeremy Slayton told the Richmond Times-Dispatch that "offshore wind is good for energy security and the Virginia economy and environment."

Sounds like a great pro/con debate for an upcoming industry meeting! My first question (among many)….does this 30GW qualify for investment and production tax credits and, if not, do the projects get built?


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Thank Mike for the Post!
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