Saturday, 18 May 2024
Trending
AmericasBusiness

The biggest offshore wind project in US history is approved by Biden

  • The CVOW project by Dominion Energy is set to become the largest offshore wind farm in the nation.
  • It is situated 23.5 nautical miles off Virginia Beach.
  • The project is anticipated to create hundreds of jobs during both the construction and operation phases.

The government’s dedication to “the clean energy future” was demonstrated by the decision, Interior Secretary Deb Haaland said in a statement. She also added that it would address the climate crisis, reduce energy costs, and generate employment.

The Coastal Virginia Offshore Wind (CVOW) project by Dominion Energy, which is situated 23.5 nautical miles off Virginia Beach, is set to become the largest offshore wind farm in the nation once the administration of U.S. President Joe Biden approves the plan.

Offshore wind project

In addition to generating regional economic development, the project is anticipated to create hundreds of jobs during both the construction and operation phases.

Over half of the five gigawatts of energy that will be supplied to the national grid by the five new offshore wind approvals come from the CVOW, accounting for 2.6 gigawatts of that total.

Achieving net zero carbon emissions by 2050 and a carbon-free power sector by 2035 are two of the United States’ larger goals, and the country has set a target of 30 gigawatts of wind energy by 2030.

Nevertheless, delays in leasing and permitting projects have hindered the sector. With 25 gigawatts of generation capacity by 2020, Europe’s wind industry is “decades ahead,” according to Wind Europe.

Bob Blue, the chair, president, and CEO of Dominion Energy, stated that the project “continues to move forward on time and budget,” with the 176 turbines being installed starting in 2024 and anticipated to be completed by late 2026.

The approval follows the administration‘s announcement last month that it would auction three new oil and gas leases in the Gulf of Mexico, which infuriated environmental organizations.

Related posts
AmericasWeather

Increased risk due to widespread power outages by the devastating Houston storm

Houses and businesses in the Houston region are attempting to clean up and regain power. Strong…
Read more
AmericasPolitics

Trump Break from His Hush Money Trial and Kamala Harris Accepted a Debate Invitation

Trump got back to Minnesota a few times in 2020 when Biden beat him by more than 7…
Read more
BusinessWorld

All levels of office should be filled by Indian Americans: Raja Krishnamoorthi

Raja Krishnamoorthi has encouraged Indian-Americans to run for government at all levels. Mandirs…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

BeautyTrendingWorld

Spain's Princess Leonor is Claiming as Heir to the Throne

Worth reading...