Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Advertisement

Header Primary Menu

  • Issues
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Home News Industries Energy/Green Virginia offshore wind lease sale set for Sept. 4

Virginia offshore wind lease sale set for Sept. 4

Published July 22, 2013 by Jessica Sabbath

A 112,000-acre block off Virginia Beach’s shoreline will become the nation’s second largest lease sale for wind energy development. 

The Bureau of Ocean Energy Management (BOEM) announced Monday that the auction for the 112,800 acres on the U.S. Outer Continental Shelf will take place on Sept. 4. It will be sold as an entire block to one of eight companies that BOEM has determined are eligible to bid. 

The first offshore wind energy lease in the country, for an area off the coast of Rhode Island and Massachusetts, is scheduled for July 31. 

In Virginia, the lease area is located 23.5 nautical miles off the Virginia Beach coast. The area has the ability to support more than 2,000 megawatts of power, generating enough electricity to power 700,000 homes. 

The area was determined after work with many stakeholders to avoid existing uses, including bsensitive ecological habitats and shoals in the Chesapeake Bay, military training areas, marine vessel traffic, a dredge disposal site and areas of concerns from NASA’s Goddard Space Flight Center’s Wallops Flight Facility. 

The following companies have been selected as “legally, technically and financially” qualified to participate in the upcoming lease sale. 

 · Apex Virginia Offshore Wind LLC 

· Virginia Electric and Power Company (Dominion Virginia Power) 

· Energy Management Inc. 

· EDF Renewable Development Inc. 

· Fisherman’s Energy LLC 

· IBERDROLA RENEWABLES Inc. 

· Sea Breeze Energy LLC 

· Orisol Energy U.S. Inc 

 The sale will be conducted using an online bidding system. BOEM will set an initial asking price for the lease area and increase that incrementally until there is only one bidder left. 

“The gradual slope of the Outer Continental Shelf and consistent offshore wind speeds make this a natural geographic location for the commercial utilization of offshore wind resources,” Gov. Bob McDonnell said in a statement. “At the same time, Virginia enjoys a robust commercial ship building industry poised to become the center of construction for the component parts needed to build the specialized ships, turbines and towers necessary for these upcoming leases, and potentially for additional future wind leases on the east coast. This will result in millions of dollars in industrial activity and the creation of many new high-skilled jobs in our state.”

 

 

 

Related Stories

Virginia Business logo

Virginia Uranium opens office in Chatham

Virginia Business logo

Dominion Virginia Power and SunEnergy1 to install largest solar facility in Hampton Roads

Virginia Business logo

Dominion Energy directs $1M to help small businesses, residents pay energy bills

Businesses can receive up to $1K to pay off accrued bills during pandemic

Trending

Dollar Tree CEO resigning; former Dollar General CEO to replace him

Norfolk’s MacArthur Center mall listed for sale

Framatome CEO retiring; CFO to be promoted

Manassas company to develop short takeoff, landing aircraft for Air Force

Rocket Lab launches first mission from U.S. soil

Sponsored Stories

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Advertisement

Advertisement

Trending

Dollar Tree CEO resigning; former Dollar General CEO to replace him

Norfolk’s MacArthur Center mall listed for sale

Framatome CEO retiring; CFO to be promoted

Manassas company to develop short takeoff, landing aircraft for Air Force

Rocket Lab launches first mission from U.S. soil

Sponsored Stories

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk