Mike Schuler of gCAptain.com reports that the Charybdis, the first U.S.-built wind turbine installation vessel, has started sea trials to support the Coastal Virginia Offshore Wind project, which is 50% complete. The project is creating 2,000 jobs and $2 billion in economic activity, with a slight cost increase still keeping it affordable for customers. Schuler writes:
The Charybdis, America’s first domestically-built wind turbine installation vessel, has commenced sea trials in Brownsville, Texas, marking a significant milestone for the U.S. offshore wind industry.
The vessel, now 96% complete at Seatrium AmFELS shipyard, will support the construction of the nation’s largest approved offshore wind project – the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) project. […]
The project’s total cost has increased by 9% to $10.7 billion, primarily due to higher network upgrade costs assigned by PJM, the regional electric grid operator. Despite the cost increase, Dominion Energy maintains that the project remains an affordable electricity source, with residential customers expected to see only a 43-cent monthly increase on typical bills.
CVOW is currently driving significant economic benefits, creating 2,000 direct and indirect American jobs and generating $2 billion in economic activity.
Read more here.
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