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S&P Global Market Intelligence ($):

The Biden administration on July 1 announced it opened a review of a proposed offshore wind project, Dominion Energy Inc.’s 2,640-MW Virginia Beach Offshore Wind Project (Coastal Virginia Offshore Wind).

It is the fifth offshore wind project the administration has committed to reviewing since January, part of a surge of regulatory activity meant to put the U.S. on track for 30 GW of offshore wind by 2030. The project, which could power up to 660,000 homes, is also the largest proposed wind farm in the U.S. to date.

Dominion in an announcement said the project remains on schedule for completion in 2026. Dominion said it will ask state regulators for approval later this year.

The U.S. Department of Interior’s Bureau of Ocean Energy Management will publish a notice of intent to review the project July 2, kicking off a 30-day public comment period to determine the potential environmental impacts of the project, which would be located 23.5 nautical miles offshore from Virginia Beach, Va. Dominion said it expects the federal review to last two years.

Dominion, which operates legally as Virginia Electric and Power Co. in the state, is proposing to build up to 205 turbines. Dominion has tapped Siemens Gamesa Renewable Energy SA to supply 14-MW turbines for the project.

[Justin Horwath]

More: Biden administration opens review of Dominion 2,640-MW Virginia offshore wind farm

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