Trump Halts Wind Projects, Including Coastal Virginia Offshore Wind, Dominion Stock Drops 5%

Trump Halts Wind Projects, Including Coastal Virginia Offshore Wind

Interior Secretary Doug Burgum announced on Monday, December 22, 2025, that the administration has paused wind projects, including the Coastal Virginia Offshore Wind (CVOW) project, due to national security concerns identified by the Pentagon.

Dominion Stock Drops 5%

As a result of the administration's decision, Dominion Energy's stock dropped 5% on Monday, December 22, 2025. The company had been investing heavily in the CVOW project, which aimed to generate 2.6 gigawatts of electricity from offshore wind turbines.

National Security Concerns

According to Interior Secretary Doug Burgum, the Pentagon identified national security concerns that led to the pause of the wind projects. The exact nature of these concerns has not been disclosed.

Impact on Renewable Energy

The halt of wind projects, including CVOW, is a significant setback for the renewable energy industry. The CVOW project was expected to create thousands of jobs and generate clean energy for millions of people.

Reaction from Industry Leaders

Industry leaders have expressed disappointment and concern over the administration's decision. They argue that wind energy is a crucial component of the country's transition to renewable energy sources.

Conclusion

The pause of wind projects, including CVOW, is a significant development in the renewable energy sector. The administration's decision has sparked concerns about national security and the impact on the industry.

Sources

[8] Trump halts wind projects, including Coastal Virginia Offshore Wind, Dominion stock drops 5%