Advocates made their case Monday for a proposed settlement that offers Virginia consumers some protection from construction cost overruns on Dominion Energy Virginia’s proposed offshore wind project. Not everybody said it was superior to an earlier proposal that protected consumers from future operational failures, but all saw it as unlikely...
Inflation is eroding the value of each dollar earned by Virginians, making it harder for them to afford decent housing, put food on the table and educate their children. But what many Virginians don’t know is that they have also been paying more in state income taxes while their real...
In recent days several proposed offshore wind projects, which unlike Virginia’s are not guaranteed by captive ratepayers, are showing cracks in their pylons. Multinational developer Avangrid recently told Massachusetts regulators that its proposed 1.2 gigawatt Commonwealth Wind project is no longer economically viable. It seems to be seeking to renegotiate...
Virginia’s ranking fell more than any other state in the in the Commonwealth Foundation’s 50 State Labor Report “The Battle for Worker Freedom in the States: Grading State Labor Laws.” Virginia plunged from an “A+” ranking in 2019 to a dismal “C” this year. This was due to what the...
The big risk with Dominion Energy Virginia’s planned offshore wind extravaganza has always been that either the wind out in the Atlantic blows too little or it blows too much. Too little and the ratepayers are paying an inordinate amount for intermittent electricity; too much (a major hurricane say) and...
In his newly released energy plan, Governor Glenn Youngkin (R) makes it clear he sees the economic abyss created by the unrealistic and ideological green utopia demanded by his predecessor. Seeing a looming disaster and stopping it are two different things. The new document is not a full 180-degree change from the previous...
A coalition of public interest groups – The Heartland Institute, the Committee For A Constructive Tomorrow (CFACT), and the American Coalition for Ocean Protection (ACOP) – announced in late September that they have hired counsel to explore a lawsuit protecting the right whale from Dominion Energy Virginia’s efforts to place an offshore wind...
Secrecy abounds around the monster offshore wind (OSW) project proposed by Dominion Energy. In this case it is all about the threat to the severely endangered North Atlantic Right Whales. I earlier reported on the big hidden whale study done by the US Bureau of Ocean Energy Management (BOEM), which...
Most Virginians are painfully aware that it’s becoming much more difficult to make ends meet. Prices for food, housing, gasoline and other necessities have soared. Inflation hit a 40-year high of 9.1 percent in June, the largest yearly increase since January 1982. And a recent study from the University of...
Despite Dominion Energy Virginia’s complaints that the Virginia State Corporation Commission has exceeded its authority, a legal analysis provided by the Thomas Jefferson Institute for Public Policy finds that the SCC’s proposed performance standard for an offshore wind project is proper. The analysis was provided by Institute Senior Fellow Dr....
