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Dominion Energy secures lease area from BOEM

Thursday, August 15 2024

Wind Energy – Virginia

Virginia Electric and Power Company, a wholly-owned subsidiary of Dominion Energy, secured the rights for a 176,505-acre lease area off the coast of Virginia Beach, adjacent and to the East of where the company’s 2.6-gigawatt Coastal Virginia Offshore Wind is currently under construction.

Winning the lease provides Dominion Energy with the option to pursue additional offshore wind development in the mid-Atlantic. The Bureau of Ocean Energy Management indicates the lease area could support between 2.1 gigawatts and 4.0 gigawatts of offshore wind energy generation.

The lease area is located approximately 35 nautical miles from the mouth of the Chesapeake Bay.

In early July, the company announced the acquisition from Avangrid of the 40,000-acre Kitty Hawk Wind North offshore wind lease area, to be renamed CVOW South. If approved by regulators and constructed, CVOW South would have a capacity of 800 MW, enough capacity to serve 200,000 homes.   

Related posts:

  1. Dominion Energy CVOW project takes big step forward
  2. Next proposed offshore wind lease sale USA
  3. Stonepeak acquire 50% interest in Dominion Energy’s Coastal Virginia OWP
  4. BOEM issues EIS for two New Jersey offshore wind projects

Filed Under: BOEM, Dominion Energy, International projects, Virginia Tagged With: BOEM, Dominion Energy, lease area, USA, Virginia

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