Now that their climate spending bill has been signed into law by President Biden, Democrats could go to bed dreaming about wind farms. What they’re missing is the green logrolling and corporatism already evident in the clean energy transition. A good example is an offshore wind farm that Virginia regulators recently approved under apparent duress.
domination Energy plans to build 176 wind turbines 27 miles offshore from Virginia Beach. That is enough to supply around 660,000 households with electricity. The investment costs are 9.8 billion US dollars. The State Corporation Commission approved a related rate hike but noted the downside risk lies with consumers. Typically, the commission says, a utility could buy such power from an outside developer, “limiting the risks for customers”. However, Dominion “has chosen to construct, own and operate the project.”
https://www.wsj.com/articles/the-spinning-of-virginias-wind-farm-climate-spending-bill-democrats-turbines-clean-energy-power-cost-11660494471 The Spinning of Virginia’s Wind Farm