H.B. 1526 of 2020 established an offshore wind energy procurement target for Phase II utilities (Dominion Energy). The legislation directs Dominion to generate 5,200 megawatts (MW) of offshore wind energy by December 31, 2034. The deadline was later amended to December 31, 2032. Dominion is authorized to own and operate between 2,500 MW and 3,000 MW of the required capacity, however, it will be up to the Virginia State Corporation Commission to determine the reasonableness and prudence of any such costs incurred by Dominion.
Implementing Sector: | State |
Category: | Regulatory Policy |
State: | Virginia |
Incentive Type: | Offshore Wind Energy Target |
Web Site: | https://www.energy.virginia.gov/offshore-wind/Landing-page.shtml |
Administrator: | |
Start Date: | |
Eligible Renewable/Other Technologies: |
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Target: | 5,200 MW by December 31, 2032 |
Name: | VA Code § 56-585.1:11 |
Date Enacted: | 04/11/2020 |
Name: | Public Information Officer |
Organization: | Virginia Department of Energy |
Address: |
Washington Building / 8th Floor, 1100 Bank Street Richmond VA 23219 |
Phone: | (804) 692-3200 |
Email: | vaenergy@energy.virginia.gov |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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