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Nuclear fusion company raises $863M, much bound for Chesterfield
Massachusetts-based fusion energy company Commonwealth Fusion Systems announced that it raised $863 million in a Series B2 fundraising round.
Chesterfield planners approve $2.5B+ nuclear fusion plant
The Chesterfield County Planning Commission unanimously recommended approving a permit Commonwealth Fusion Systems’ planned power plant.
Nvidia-backed AI startup to curb hungry data centers’ appetite for power
Startup Emerald AI plans to use software that will help AI data centers adjust their energy consumption, avoiding strain on the grid.
Google agrees to buy power from planned Chesterfield fusion plant
Google inks deal to buy power from CFS’ planned grid-scale commercial fusion plant in Chesterfield, expected to be the first of its kind.
Fusion power plant seeks zoning permit in Chesterfield
Commonwealth Fusion Solutions has filed an application with Chesterfield County for a permit to build its proposed 400-megawatt fusion power plant in the county, which would be the world’s first grid-scale commercial fusion power plant.
Tariffs could add $500M to Dominion offshore wind project
Richmond-based Fortune 500 utility Dominion Energy says the cost of its Coastal Virginia Offshore Wind project in Virginia Beach could rise by about $500 million due to tariffs on imported goods imposed by President Donald Trump.
Dominion Energy shakes up senior executive responsibilities
Fortune 500 Utility Dominion Energy announced Wednesday it’s making major changes to the responsibilities for three senior executives, effective June 1.
Big tech company to buy power from Va.’s first onshore wind farm
Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean Energy announced Wednesday that it has reached a deal for Google to purchase the full capacity of Rocky Forge Wind, a wind farm the Charlottesville company has been working to […]
ODEC announces next president and CEO
Chris Cosby will become president and CEO of Glen Allen’s Old Dominion Electric Cooperative on Feb. 1, 2025. Cosby succeeds John C. Lee, who has been ODEC’s president and CEO since Sept. 8, 2023, initially serving in an interim capacity. ODEC announced Lee’s retirement, effective Feb. 1, on Monday. He will serve as a senior […]
Appalachian Power plans small nuclear reactor in Campbell
Appalachian Power, an electric utility subsidiary of American Electric Power which serves more than one million customers in Virginia, West Virginia and Tennessee, announced plans Thursday to bring a small modular nuclear reactor (SMR) project to Campbell County. The company, which has its headquarters in Charleston, West Virginia, has identified a potential site for the […]
Amazon, Dominion agree to explore nuclear development
With power consumption by data centers and AI projected to more than quadruple in Virginia in the next 15 years, Amazon.com and Dominion Energy Virginia have entered into an agreement to explore potential development of small modular nuclear reactors at North Anna Power Station in Louisa County, the two companies announced during an Oct. 16 […]
Dominion files energy plan that includes more wind, nuclear
Dominion Energy Virginia filed its 2024 Integrated Resource Plan on Tuesday with the Virginia State Corporation Commission and the North Carolina Utilities Commission, setting out its long-term plans for energy generation over the next 15 years. The report calls for more offshore wind and solar energy development, as well as small modular nuclear reactors starting […]
