offshore-wind
Coastal Virginia Offshore Wind (CVOW)
The largest offshore wind project in the United States, bringing 2.6 GW of capacity off Virginia Beach. Faces federal policy shifts, cost overruns, and rate impact concerns.
7
Risk Score
high Risk
Risk Factors
regulatory
7/10
legal
4/10
political
8/10
community
4/10
environmental
5/10
economic
7/10
procedural
6/10
Analysis: Largest US offshore wind project. Main risks are federal policy and cost overruns, not local opposition.
Timeline
2020
regulatory
Project approved by Virginia SCC
2023
milestone
Construction begins
2024
milestone
Cost overruns push project to $9.8B
2025-12
political
Federal offshore wind policy shifts under Trump admin
Opposition Groups
No opposition groups documented.
Legal Challenges
No active litigation documented.
Key Arguments Against
- Cost overruns (now $9.8B)
- Rate impact on Virginia customers
- Federal policy uncertainty
- Construction delays
Political Positions
Trump Administration
Position: restrictive
- Offshore wind leasing suspensions
- Stricter federal permitting