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Virginia Unveils 10-Year Energy Plan Including 5 Gigawatt Boost to Renewables |
Governor Ralph Northam, a Democrat, released Virginia's new energy plan which provides a strategic vision for the commonwealth’s energy policy over the next 10 years. The plan is the implementation strategy of the Grid Transformation and Security Act (Senate Bill 966), signed into law earlier this year. Among other things, the legislation includes 3,000 megawatts of solar and onshore wind to be deployed by 2022, 2,000 megawatts of offshore wind to be deployed by 2028, and for Virginia’s utilities to invest $1.1 billion in energy efficiency programs. The plan also includes cost recovery structures for grid modernization projects that boost distributed energy and recommendations to expand the electric vehicle fleet and supporting infrastructure. |
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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