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Norfolk port project funding to be withdrawn amid federal cuts to offshore wind projects
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Virginia Mercury
He also announced the termination of $20 million for the Portsmouth Marine Terminal (PMT) Offshore Wind Development Project, which has already been spent.
“Wasteful wind projects are using resources that could otherwise go towards revitalizing America’s maritime industry,” Duffy said in the announcement.
The PMT project was billed as an effort to upgrade the terminal to be a staging area for offshore wind infrastructure buildouts, such as the nearly $11 billion Dominion Energy’s Coastal Virginia Offshore Wind project that is over halfway completed.
The 2.6 gigawatt offshore wind project is anticipated to come online in 2026.
What does that mean?”At a September 3 meeting, the Virginia Offshore Wind Authority discussed continuing to promote offshore wind projects, despite their newfound unpopularity on the federal level.
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'mercury'
'federal'
'virginia'
'maritime'
'project'
'funding'
'shipbuilding'
'pmt'
'withdrawn'
'projects'
'norfolk'
'port'
'wind']