Cost increases to $11.2B for Dominion offshore wind project, with tariffs to blame

Cost increases to $11.2B for Dominion offshore wind project, with tariffs to blame

PORTSMOUTH, Va. (WAVY) -- The United States' largest offshore wind energy project to date is two-thirds complete, however developer Dominion Energy said tariffs and issues with its new ship are challenging their "on-time and on-budget" mission statement. In an earnings call with the publicly traded utilities investors on Halloween, Bob Blue, Dominion's chairman, president and CEO, explained that steel tariffs have led to another increase to the …