Dominion Energy, Inc. (D) Claims that Stopping the CVOW Project Poses a Threat to Grid Reliability

1 week ago 11

Fatima Gulzar

Sun, January 4, 2026 astatine 4:30 PM CST 2 min read

Dominion Energy, Inc. (NYSE:D) is among the 8 Most Profitable Utility Stocks to Buy Right Now.

Dominion Energy, Inc. (D) Claims That Stopping The CVOW Project,  Poses A Threat To Grid Reliability

Dominion Energy, Inc. (D) Claims That Stopping The CVOW Project, Poses A Threat To Grid Reliability

TheFly reported connected December 22, 2025, Dominion Energy, Inc. (NYSE:D) made a connection successful effect to a Director’s Order from the United States Department of the Interior ordering a 90-day halt of improvement connected the Coastal Virginia Offshore Wind Project. The institution stated that the task is captious to American nationalist information and fulfilling Virginia’s rapidly expanding vigor demand, which it defined arsenic the fastest rising successful the country. According to the company, this request is fueled by the request to supply dependable energy to the world’s largest warship maker, the highest attraction of information centers worldwide, and infrastructure that supports the advancement of artificial intelligence.

The steadfast cautioned that stopping the task could hazard thousands of jobs, pb to vigor inflation, and endanger the reliability of the grid for military, AI, and civilian systems. After Virginia authorities regulators reviewed the task successful 2022, Dominion Energy, Inc. (NYSE:D) stated that it is American-owned and that customers are paying for it. The institution besides stated that its cyber and carnal information systems are overseen by authorities and national officials. The institution reported that the task is situated 27 to 44 miles offshore, involves a adjacent subject partnership, and has been successful improvement for much than 10 years. There person been nary documented effects connected nationalist information during the 5 years that 2 aviator turbines person been successful operation.

Dominion Energy, Inc. (NYSE:D) is an integrated vigor firm.

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