The Virginia Beach offshore wind industry has taken off. At the leading edge of America’s newest energy business cluster.
A thriving offshore wind industry goes hand in hand with a thriving community onshore and the Virginia Beach region is ready for this new opportunity. This region of the East Coast was once the gateway for international exploration and expansion and now has significant potential for the development of offshore wind resources off its coast. We have an excellent opportunity to develop into one of the main offshore wind energy industry ports in the United States. Virginia Beach and our region are a hub for the East Coast to meet the needs of our current projects and those along the Eastern Seaboard.
Currently, there are two Commercial Offshore Wind Energy projects that will begin harnessing 5.1 GW offshore wind power off the Virginia Beach coast in the near future. These projects are an important first step toward offshore wind development for Virginia and the United States.
Estimated Economic Impact
Source: Mangum Economics, *Represents the number of jobs annually for every one gigawatt of new offshore wind energy development
In this report, you can read more about the impact that the construction and operation of the commercial CVOW project will have on the economies of Hampton Roads and of Virginia.