Dominion’s CEO termed a performance standard set by Virginia regulators as a condition for approving a 2.6 GW offshore wind project as “untenable” and suggested the utility might appeal the August 5 decision.
The final order from the Virginia State Corporation Commission affirmed that the Coastal Virginia Offshore Wind project met all statutory requirements for rider cost recovery and the issuance of a Certificate of Public Convenience and Necessity for the offshore infrastructure. The order also emphasized that the regulatory decision largely was determined by the Virginia Clean Economy Act, which became law in July 2020.
