Dominion Energy Statement on Coastal Virginia Offshore Wind Project Suspension

Dominion Energy has issued a statement in response to the U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) order to suspend work on the Coastal Virginia Offshore Wind (CVOW) project for 90 days. The company emphasizes that the CVOW project is crucial for American national security, supporting military installations, naval shipbuilding, and the burgeoning AI industry, as well as meeting Virginia's increasing energy demands. Dominion Energy states that the project, which is American-owned and already being paid for by Virginia customers, has undergone rigorous state regulatory review and is subject to robust security oversight. The project has been in development for over a decade, with extensive military coordination, and its pilot turbines have operated without incident. The company highlights the project's bipartisan support and its imminent capacity to generate 2,600 megawatts, vital for the region's energy grid, which is experiencing rapid growth. Dominion Energy asserts that halting the project will jeopardize grid reliability, lead to energy inflation, and threaten jobs, and expresses readiness to resume work to ensure these critical electrons are delivered.