Energy 路 United States

How much does Coastal Virginia Offshore Wind cost?

Coastal Virginia Offshore Wind (CVOW) is the 2.6 GW commercial offshore wind farm of Dominion Energy about 27 miles off Virginia Beach, Virginia, under construction with turbine installation advanced in 2026 and completion now estimated by the end of 2027. Utility Dive reported on 3 August 2026 that Dominion estimates the project will cost about 11.7 billion dollars, up nearly 300 million from its estimate of April 2026.

Published project estimate

$11.7 billion

Cost basis: 2026

In 2020, installation was completed on the first wind turbines installed in U.S. Federal waters. The offshore wind project has been fully operational since Fall 2020. The Coastal Virginia Offshore Wind pilot project is designed to demonstrate a grid-connected, 12-megawatt (MW) offshore wind test facility on the Outer Continental Shelf (OCS) about 27 miles off the coast of Virginia Beach. The data obtained and lessons learned from this project will be made publicly available and inform the future
BOEM-OPACC BY-SA 2.0

Cost evidence

Basis of the published figure

Published project estimate2026
offshorewind.biz

Project metrics

Key dimensions

PowerUtility Dive
2,600 MW

Project record

Timeline

  1. 2026

    Planned completion

    offshoreWIND.biz

  2. 2027

    Current completion estimate

    Utility Dive

Now make the guess

Could you estimate it without seeing the answer?

BudgetGuessr turns real project costs into a daily estimation challenge.

Play BudgetGuessr

Keep exploring

Related project costs

View all projects