On October 3, 2022, Governor Glenn Youngkin unveiled the 2022 Virginia Energy Plan in Lynchburg, Virginia. The plan focuses on an all-of-the-above approach that harnesses nuclear, natural gas, renewables, and new energy sources to satisfy the increasing energy needs of the Commonwealth. The Plan also outlines an increase in nuclear energy and an objective to make Virginia the world’s leading nuclear innovation hub.

Dominion Energy Inc.’s $9.8 billion Coastal Virginia Offshore Wind (CVOW) farm will have 176 turbines — each rising 800 feet above the ocean, with around 8,000 parts apiece. Up until now, most of those components have been manufactured in Europe, but Virginia wants to change that.

Dominion Energy is not backing down from its request to remove a performance standard imposed by the State Corporation Commission on its Coastal Virginia Offshore Wind Project, citing “untenable” costs.

Virginia Beach is fast becoming the prime location when it comes to the US offshore wind market – providing opportunities for UK businesses to capitalise on this fast-growing sector.

As the U.S. prepares to hike renewable energy spending, a new partnership between the Biden administration and several eastern states shows the urgent need for a coordinated buildout of offshore wind infrastructure.

President Joe Biden recently signed the largest climate bill in U.S. history, which includes major investments in energy efficient housing, solar and wind technologies, and the electric vehicle industry.

The winds of prosperity in marine cargo may be shifting even further toward the breakbulk, heavylift and project cargo sectors as more shippers move cargo out of containers and into breakbulk because of supply chain challenges. The growing development of wind energy means added momentum because there’s a lot of equipment and parts to move.

Look forward to the OSW Grid & Transmission Summit in Charleston, SC and the Ventus Gala in Washington, DC in November.