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Skanska completes offshore wind staging project at Port of Virginia
New York-based construction company Skanska announced Thursday that it has completed a $223 million redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal and 1,500 feet of wharf that now serves as an offshore wind staging port. Richmond-based Dominion Energy will use the terminal[...]
Dominion files for SCC approval of Chesterfield gas-fired plant
Dominion Energy submitted an application with the Virginia State Corporation Commission Monday to install four natural gas-fired turbines on 95 acres at the utility’s Chesterfield Power Station. Dubbed the Chesterfield Energy Reliability Center (CERC), the facility, which is expected to cost $1.47 billion, will generate 94[...]
Cost of Va. Beach wind farm increases by close to $1B
Eggs aren’t the only thing getting more expensive. The estimated cost to build Dominion Energy‘s Coastal Virginia Offshore Wind (CVOW) project has increased from $9.8 billion to $10.7 billion, a 9% jump. Over the life of the project, the expected average impact to the monthly bill of a residential customer who uses 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 compa[...]
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-tec[...]
Dominion Energy COO Diane Leopold to retire after nearly three decades
Dominion Energy Chief Operating Officer Diane Leopold plans to retire from the Fortune 500 utility this summer after working for nearly four decades in the industry. Leopold, who will remain as COO and executive vice president until she steps down on June 1, 2025, oversees major construction projects such as Dominion’s $9.[...]
Judge rules Youngkin’s RGGI exit was unlawful
A Floyd County Circuit Court judge ruled this week that Gov. Glenn Youngkin’s decision to withdraw Virginia from the Regional Greenhouse Gas Initiative was unlawful, but the governor plans to appeal the decision, according to a spokesperson. Judge Randall Lowe ruled that “the only body with the authority to repeal th[...]
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 serv[...]
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 Virgin[...]
Dominion completes $2.6B sale of stake in offshore wind farm
Dominion Energy has completed its $2.6 billion sale of a 50% noncontrolling stake in its Coastal Virginia Offshore Wind project to investor Stonepeak, the Fortune 500 utility announced Tuesday. This transaction and several other recent sales reduce Dominion’s debt by approximately $21 billion, meeting a goal the utility se[...]
Work begins on organics-to-renewable gas facility in Amelia County
Vanguard Renewables, an organics-to-renewable natural gas company with headquarters in Massachusetts, broke ground Wednesday on its newest facility at Oakmulgee Dairy Farm in Amelia County. An anaerobic digester system on the property will allow Vanguard Renewables to convert cow manure along with inedible and unsalable food m[...]
