Tag: Offshore Wind Farm

Administrations Lay Plans to One-Up America’s Largest Offshore Wind Farm

The Center Square
Offshore Wind Farm

Installation of the country’s largest offshore wind farm began in earnest just two months ago off the coast of Virginia, and the Biden administration announced Friday it will be auctioninganother even bigger wind energy lease sale off the coast of the commonwealth. 

Dominion Energy leased the approximately 113,000 acres that would become the site of the Coastal Virginia Offshore Wind project in 2013. After installing two pilot turbines in 2020, the utility began the installation of the rest of its 176 turbines in May.

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Taxpayers May Get Stuck with Cost of Removing an Offshore Wind Farm After Biden Admin Waives Fees

Just the News
Off Shore Wind Mills

The Biden administration reportedly waived fees for an offshore wind project that are in place to ensure that the infrastructure is removed and the site reclaimed at the end of the project’s life.

President Joe Biden, as part of his climate agenda, is pushing an aggressive buildout of offshore wind projects along the East Coast. With the offshore wind industry struggling financially, the waiving of these fees raises concerns about what would happen if these companies go bankrupt and leave behind wind farms they can’t afford to remove.

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