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energy

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business
May 20, 2026

NextEra-Dominion merger: What’s in store for Virginia?

A proposed merger of Dominion Energy with NextEra Energy could create an energy giant, but it’s likely to face opposition in Virginia.

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business
May 18, 2026

Dominion Energy to be acquired in $66.8B all-stock deal

Fortune 500 utility Dominion Energy has entered into a definitive agreement to be acquired by Florida energy company NextEra Energy in an all-stock transaction.

Shipping containers are stacked on a pier at the Red Hook Terminal in Brooklyn, New York City, U.S., April 14, 2026. REUTERS/Brendan McDermid
May 14, 2026

US import prices surge in April as fuels post biggest gain in four years

U.S. import prices rose 1.9% in April, driven by a 16.3% jump in fuel costs, the largest increase in four years amid Middle East tensions.

A hydrogen power plant could be located at the Lonesome Pine Regional Business & Technology Park in Wise County. Photo courtesy Wise County Industrial Development Authority
Apr 29, 2026

Data center developers seek on-site energy in Wise

Wise County data center developers plan a $1 billion campus powered by hydrogen or natural gas, aiming to generate 600 megawatts and boost local tax revenue.

Battery and Wind turbine
Apr 28, 2026

Loudoun eyed for $750M battery energy storage facility

Omaha-based energy company Tenaska plans to build a proposed $750 million, 425-megawatt battery energy storage project in Loudoun County.

Secure Energy Future Center Managing Director Chelsea Olivieri, Hampton Roads Alliance President and CEO Doug Smith, Virginia Tech Board of Visitors Rector John Rocovich, Newport News Mayor Phillip Jones, Virginia Secretary of Commerce and Trade Carrie Chenery and Virginia Tech President Tim Sands hold a ribbon cutting to celebrate SEFC's opening. Photo by Josh Janney
Apr 22, 2026

Virginia Tech-backed energy tech hub opens in Newport News

The Secure Energy Future Center opened its first dedicated space Wednesday at Tech Center Research Park in Newport News.

U.Va. Wise’s SMR control room simulator will aid workforce development, says Chancellor Donna P. Henry. Photo courtesy University of Virginia’s College at Wise
Mar 31, 2026

U.Va. Wise installs SMR control room simulator

U.Va. Wise installed a NuScale SMR control room simulator funded by a Virginia Clean Energy grant to train workers in advanced nuclear energy fields.

President Donald Trump meets with tech leaders March 4 as they sign a pledge that their companies will pay for power infrastructure upgrades needed for their platforms. AP Photo/Jacquelyn Martin
Mar 31, 2026

More data centers equal more electricity demand

Virginia's data centers, the largest concentration globally, are causing a surge in electricity demand, challenging Dominion Energy's supply capabilities.

Josephus Allmond. Photo courtesy Virginia Office of the Governor.
Mar 25, 2026

Spanberger appoints inaugural chief energy officer

Gov. Abigail Spanberger appointed an inaugural chief energy officer, attorney Josephus Allmond, on Wednesday.

Andrés Gluski, president and CEO of AES. Photo courtesy AES
Mar 2, 2026

BlackRock consortium to purchase AES for $10.7B

Arlington power company AES is set to be purchased by a BlackRock-led consortium and go private by early 2027.

Wrap Technologies held a ribbon cutting in September 2025 for its $4 million manufacturing headquarters in Norton. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin
Mar 1, 2026

Manufacturing-heavy Southwest Virginia captures new industries 

Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects, boosting jobs and regional economic development in 2025.

CEL Critical Power’s new facility, which opened in summer 2025, was part of a $5.225 million investment. Photo courtesy CEL Critical Power
Mar 1, 2026

Hampton Roads leverages regional economic assets

Hampton Roads drives growth with $1.5 billion in investments across defense, energy, aerospace, and logistics sectors in 2025, boosting jobs and infrastructure.

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