Tag: Wind power
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Wind Power Is Beautiful But Expensive
by James A. Bacon Offshore wind turbines are works of engineering beauty. Soaring as high as the Washington Monument, they are a magnificent sight to behold, as I saw for myself on an excursion Wednesday to view Dominion Energy’s two experimental wind turbines up close. The towers are also very expensive — not just the…
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Still an Open Question: Will Virginia Become Supply Chain Hub for East-Coast Wind Farms?
by James A. Bacon The primary justification for spending $7.8 billion to build a wind farm off the Virginia coast at a significantly higher cost per kilowatt than other energy sources is to advance Virginia’s goal of achieving a zero-carbon electric grid by 2050. But an important secondary consideration is the hope that the project…
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What Dominion Has Learned From Its Experimental Wind Turbines
by James A. Bacon Dominion Energy spent $300 million to erect the two wind turbines now standing about 27 miles off the Virginia coast, a sum that could never be justified by the 12 megawatts of generating capacity they add to the grid— enough to power only 3,000 homes. The real benefit will come later,…
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The Electrification of Everything
by James A. Bacon The world economy is rapidly electrifying. Driven by new technologies and the environmentalist push to decarbonize the economy, an increasing share of the energy Americans consume will come out of the electric socket, reports the Wall Street Journal in a special report. “Instead of having fuels like natural gas or oil…
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Chilling Innovation
by Bill O’Keefe Dominion Energy’s decision to build a gigantic windfarm and have net zero emissions by 2045 is a political ploy rather than a well-developed business decision. Why do I say that? First, Dominion buys bi-partisan political support in the General Assembly, as if it was needed. Second, it now gets broad support from…
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Severe Cold Is Messing with Texas
As I repeatedly remind people, you don’t build an electric power grid to handle routine weather conditions, you build them to survive rare but extreme weather events. Texas, which became enamored with wind power — wind accounted for between 22% of the state’s electricity in the first half of 2019 — has learned this lesson…
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Floating Nukes: a Better Alternative?
by Bill O’Keefe Dominion Energy, with the blessing of the Legislature is in the process of building a monstrous wind farm off the coast of Virginia. It will be 27 miles offshore and occupy an area of over 176 square miles — 92% as large as Richmond. When fully built, there will be 220 windmills,…
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The Big Gamble
by Bill O’Keefe Virginia’s Clean Economy act requires Dominion to provide a 100% carbon-free grid by 2045. This law represents a big gamble that Dominion embraced with a “balls to the wall” enthusiasm because the $9 billion cost, which will most likely be higher, will be provided by rate payers, not share owners. To quote…
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What’s Worse for the Environment: Natural Gas or Rare-Earth Metals?
by James A. Bacon Tom Hadwin is one of the smartest, most well-informed commentators in Virginia on the subject of the electric grid, utility regulation and Dominion Virginia Energy. He sets a high standard for the discussion about energy policy in Virginia. He is calm, rational and fact-based, he refrains from ad hominem attacks and…
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Only in Virginia…
Who came up with this idea? Now that Dominion Energy has completed reliability testing for its first two offshore wind turbines, the Northam administration is announcing the formation of the Mid-Atlantic Wind Training Alliance to provide industry certifications for wind-project operations and maintenance. What better place to base such a program than…. 200 miles away…
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Keep California on the West Coast
by Bill O’Keefe Virginia has passed a law — SB 851 — requiring Dominion Energy to supply 30% percent of its power from renewable energy sources by 2030 and to close all carbon-emitting power plants by 2045. According to the Energy Information Administration, natural gas fueled 53% of Virginia’s electricity net generation in 2018, nuclear…
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California, Here We Come!
by James A. Bacon For a look at Virginia’s energy future, just take a look at California. It’s not a pretty picture. The state’s grid operator imposed short rolling blackouts twice over the weekend due to an inability to meet peak demand caused by a heat wave. More blackouts are possible later this week. Both…
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What Cost to Make a 100% Carbon-Free Grid Resilient?
by James A. Bacon The Northam administration has set the goal of achieving a zero-carbon energy grid by 2045, that is, an energy grid that uses zero fossil fuels. Natural gas and coal would be replaced in the Clean Energy Virginia plan Governor Ralph Northam announced yesterday, with “new investments in solar, onshore wind, offshore…
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Virginia’s Latest Folly – Offshore Wind Power
by David Wojick Dominion Energy is planning to begin construction on 2,600 MW of offshore wind generating capacity within the next few years. The wind farm planned off the cost of Virginia Beach would be the largest offshore project in the United States. We are talking about something like 220 giant windmills, embedded in the…
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Virginia Joins the Wind Power Club
Well, well, Virginia finally has an offshore wind turbine industry. The last 253-foot blade was attached Friday to a turbine and pylon off Virginia Beach. At a cost of $300 million, the two turbines owned by Dominion Energy will provide some of the world’s most expensive electricity, but they do pave the way for a…