Dominion Energy revealed in its latest conference call that if there are delays in the construction schedule of the offshore wind power project CVOW, the overall project cost is expected to increase by an additional $150 million to $200 million for each additional quarter required to complete the turbine installation.
Dominion Energy revealed in its latest conference call that if there are delays in the construction schedule of the offshore wind power project CVOW, the overall project cost is expected to increase by an additional $150 million to $200 million for each additional quarter required to complete the turbine installation.
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This cost dynamic highlights the critical impact of project timeline on budget control.
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