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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.
New law to reduce Appalachian Power rates
Virginia passes the APCo Rate Reduction Act, cutting electric bills for Appalachian Power customers with new protections and lower fuel costs.
Dominion offshore wind project on track despite hurdles
Dominion’s $10.7B Coastal Virginia Offshore Wind project remains on schedule despite rising costs and federal policy uncertainty under Trump.
Trump signs executive orders to boost coal, a reliable but polluting energy source
WASHINGTON (AP) — President Donald Trump on Tuesday signed a series of executive orders aimed at boosting the struggling coal industry, a reliable but polluting energy source that’s long been in decline. Under the orders, Trump uses his emergency authority to allow some older coal-fired power plants set for retirement to keep producing electricity to meet rising U.S. […]
Derivatives exchange to add 33 jobs in Fairfax
Nodal Exchange, a derivatives exchange, will invest $300,000 to expand its Fairfax County operations, adding 33 jobs, Gov. Glenn Youngkin announced Wednesday. “Nodal Exchange’s expansion in Fairfax County demonstrates Virginia’s ability to attract and retain global financial technology leaders,” Youngkin stated in a news release. “As North America’s largest [...]
Va.’s first onshore wind farm sells power to Google
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 in December 2024 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 […]
Proposed $8.8B+ Pittsylvania data center campus hits roadblock
So many Pittsylvania County residents turned out to voice their — predominantly opposed — opinions regarding a proposed $8.8 billion-plus data center campus and natural gas power plant that a county planning commission meeting ran about five hours Tuesday, ending around 11:40 p.m. As the meeting neared its end, Steven Gould, the attorney representing Balico, […]
‘Drill, baby, drill’ mantra ignites optimism for energy industry
Between a sour economy, stubborn inflation, mayhem at the border, war around the world, and countless other political issues in this election cycle, there was little time to outline platforms in detail. So when it came to energy policy, President-elect Donald Trump would simply say “drill, baby, drill” and rally crowds would go wild. It’s […]
World’s first commercial fusion power plant planned for Chesterfield
Commonwealth Fusion Systems, a Massachusetts-based fusion energy company, plans to build the world’s first grid-scale commercial fusion power plant in Chesterfield County, Gov. Glenn Youngkin announced Tuesday. “It’s a nearly $3 billion capital investment, paying taxes, and it’s a bunch of really high-tech jobs,” Garrett Hart, Chesterfield’s director of economi[...]
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 Nov. 14 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 […]
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 […]
