Coastal Virginia Offshore Wind to restart work after Trump suspension lifted
CNBC • • business
Key Points:
- A federal judge temporarily lifted the Trump administration's suspension of the Coastal Virginia Offshore Wind (CVOW) project, allowing construction to resume on the largest offshore wind project in the U.S.
- Dominion Energy, the project's owner and developer, called the suspension "arbitrary and illegal" and emphasized the importance of CVOW for grid reliability and critical energy delivery.
- The Department of Interior had halted construction on five East Coast wind farms in December, citing national security concerns, including CVOW and four others: Vineyard Wind 1, Revolution Wind, Sunrise Wind, and Empire Wind 1.
- CVOW consists of 176 turbines and is expected to power over 600,000 homes, with power dispatch scheduled by the end of Q1 202
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