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Va. offshore wind industry could create 5.2K jobs, study finds
The offshore wind industry could create up to 5,200 jobs in Virginia (with a majority in Hampton Roads) and an estimated $740 million in total economic activity during the next several years, according to an economic impact analysis conducted by Henrico County-based Mangum Economics and released Tuesday by the Hampton Roads Alli[...]
Change in the air
After almost a decade of planning, Dominion Energy Inc. will begin harnessing offshore wind power this fall as two massive test turbines go into operation off the coast of Virginia Beach. Standing about 600 feet tall, the 12-megawatt turbines are the cornerstone of Dominion’s Coastal Virginia Offshore Wind (CVOW) pilot pro[...]
Arlington-based natural gas provider announces leadership changes
Arlington-based liquefied natural gas producer Venture Global LNG Inc. announced Monday corporate governance changes in which founders, co-Chairmen and co-CEOs Robert Pender and Michael Sabel will split their roles. With approval of the board of directors, effective Oct. 1, Sabel will assume the role of CEO and Pender will bec[...]
Dominion seeks to keep North Anna nuclear plant operating into 2060
Richmond-based Dominion Energy has filed an application with the Nuclear Regulatory Commission to renew the operating license for its North Anna nuclear power station for an additional 20 years. In operation since 1978 and 1980, North Anna’s two reactor units are currently licensed to operate until 2038 and 2040. The renewal would have the reactor […]
Environmental nonprofit plants itself in flood zone
As rising sea levels threaten urban coastal communities, the Portsmouth-based nonprofit Elizabeth River Project is intentionally building its new headquarters on the front lines. The $4.5 million, three-story building — set to be built on a flood plain along the river in Norfolk — is designed to withstand high waters. I[...]
Energy
ROBERT M. ‘BOB’ BLUE PRESIDENT AND CEO, DOMINION ENERGY INC., RICHMOND In October, Blue takes over as Dominion’s president and CEO, though he’ll still answer to his predecessor, Thomas Farrell II, who’s taking on the title of executive chair. Blue joined Dominion in 2005, serving in various leadership roles, including, most recently, as executive vice […]
Israeli energy company plans U.S. headquarters in Arlington
One of Israel’s largest renewable energy companies, Energix Renewable Energies Ltd., will establish its U.S. subsidiary’s headquarters in Arlington County, Gov. Ralph Northam announced Thursday. The company plans to invest $1.1 million and create 33 jobs, according to the governor’s office. CadenEnergix’s office will be in a building owned by another subsidiary of its parent […][...]
Virginia Natural Gas taps Robert Duvall as next president
Virginia Natural Gas President Jim Kibler will retire later this year, and former VNG president Robert Duvall will take his place, effective Sept. 4, the utility announced Tuesday. Duvall is currently senior vice president of customer operations at Southern Company Gas, VNG’s parent company. Duvall was president of VNG fro[...]
SCC: Dominion overcharged customers by $502M in 2017-19
Richmond-based Dominion Energy Inc. recorded more than $500 million above authorized earnings levels from 2017 to 2019, according to a State Corporation Commission report released Tuesday. The report, which was sent to Gov. Ralph Northam and the House and Senate labor and commerce committee chairs, says that the publicly traded Fortune 500 utility earned $300.8 […]
Northrop Grumman enters solar deal with Dominion Energy
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. is contracting with Richmond-based Dominion Energy Inc. to purchase solar energy to offset 100% of Northrop Grumman’s manufacturing and office operations in the commonwealth. The power will be generated from the 62.5-megawatt Madison Solar generating facility in Orange County, which Dominion announced it has acquired from […][...]
Dominion Energy directs $1M to help small businesses, residents pay energy bills
Virginia small businesses and residential customers can receive additional support to pay their energy bills through Richmond-based Dominion Energy Inc.’s EnergyShare program, the company announced Thursday. Small businesses, nonprofit organizations and houses of worship can receive up to $1,000 to go toward unpaid Dominion Energy Virginia electric bills that have accrued during the pandemic. Due […][...]
Dominion taps new CEO, rearranges top leadership
Dominion Energy Inc. Chairman, President and CEO Thomas F. Farrell II will become executive chair effective Oct. 1. Robert M. Blue, the Richmond-based Fortune 500 energy utility’s executive vice president and co-chief operating officer, will succeed Farrell as president and CEO, the company announced Friday. Also on Friday[...]
