regulatory
confidence high
sentiment negative
materiality 0.65
BOEM orders 90-day suspension of Dominion's Coastal Virginia Offshore Wind project
DOMINION ENERGY, INC
- BOEM issued Director's Order effective Dec. 22, 2025, suspending all CVOW activities for 90 days.
- Dominion subsidiary VEPCO holds 50% membership interest in OSW Project LLC, the CVOW project entity.
- Project is 27-44 miles offshore, 2,600 MW capacity, within months of generating power according to Dominion.
- Dominion warns suspension threatens grid reliability for military, data centers, and AI infrastructure.
- CVOW has bipartisan support and two pilot turbines have operated for five years without national security impacts.
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