SB578 - Electric utilities; offshore wind generation facilities, competitive procurement process.

1 Co-Sponsor

Electric utilities; offshore wind generation facilities; competitive procurement process; Department of Energy. Provides that the purchase by a public utility of energy, capacity, and environmental attributes from offshore wind generation facilities owned by persons other than a public utility and located off the Commonwealth's Atlantic shoreline or in federal waters and interconnected directly into the Commonwealth is in the public interest. The bill states that, except for the Coastal Virginia Offshore Wind Project, the purchase or development of offshore wind facilities or the purchase by a public utility of energy, capacity, and environmental attributes from such facilities shall include a competitive procurement process held by the Department of Energy. The bill specifies that Dominion Energy Virginia may submit a bid but shall not participate in evaluating bids or making selections in such process. Electric utilities; offshore wind generation facilities; competitive procurement process; Department of Energy. Provides that the purchase by a public utility of energy, capacity, and environmental attributes from offshore wind generation facilities owned by persons other than a public utility and located off the Commonwealth's Atlantic shoreline or in federal waters and interconnected directly into the Commonwealth is in the public interest. The bill states that, except for the Coastal Virginia Offshore Wind Project, the purchase or development of offshore wind facilities or the purchase by a public utility of energy, capacity, and environmental attributes from such facilities shall include a competitive procurement process held by the Department of Energy. The bill specifies that Dominion Energy Virginia may submit a bid but shall not participate in evaluating bids or making selections in such process.