Energy

Dominion upbeat on offshore wind as cost estimate eases, sales rise

CEO Robert Blue said the 2.6-GW Coastal Virginia Offshore Wind farm, which began producing some electricity in March, should be fully ope…

Source Utility Dive Updated May 4, 2026 AI Summary

AI Summary

CEO Robert Blue said the 2.6-GW Coastal Virginia Offshore Wind farm, which began producing some electricity in March, should be fully operational by 2027 and generate approximately $5 billion in fuel savings over 10 years. The utility’s fuel and other energy-related costs jumped 67% in Q1.

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