ABB_id2059
in News Departments > FYI
print the content item

Dominion says it has received a two-year $500,000 grant from the U.S. Department of Energy (DOE) to study ways to reduce the cost of offshore wind electricity generation by at least 25%.

The Dominion-led team will utilize an integrated systems approach for optimizing the hypothetical design of a 600 MW offshore wind project located at a variety of reference sites on the Virginia Outer Continental Shelf, as well as other sites on the U.S. Atlantic coastline from Massachusetts through South Carolina, with a foundation and support substructure suitable for installation in water depths ranging from 10 meters to 60 meters.

Dominion also is studying what it would take to build a high-voltage underwater transmission line extending from Virginia Beach out to the potential commercial lease area in the Atlantic Ocean. Dominion plans to complete the study this year, evaluating options to best support multiple offshore wind projects off the coast of Virginia.

"One of the biggest challenges to offshore wind generation is bringing down the cost so it can be more competitive with other forms of electric power generation," says Mary C. Doswell, senior vice president of alternative energy solutions at Dominion. "The intent of the project is to achieve at least a 25% reduction in the levelized cost of energy relative to a benchmark 600 MW power station design by integrating innovations in turbine, foundation, installation and electrical infrastructure into the most optimal combination."

The grant is one of 41 projects awarded funding by the DOE to speed technical innovations, lower costs and shorten the timeline for deploying offshore wind energy systems.


IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015