SWVA clean energy development could draw $8.5B in investments
Wise County and neighboring localities in Southwest Virginia may become home to a massive clean energy development that could attract up to $8.25 billion in capital investments, Gov. Glenn Youngkin announced Wednesday. An agreement between Energy DELTA Lab, Dallas-based Fortune 100 energy company Energy Transfer and Wise County [...]
Dominion offshore wind farm moves closer to final approval
Dominion Energy has passed another critical federal hurdle on its way to gaining approval to begin construction on its $9.8 billion, 176-turbine offshore wind farm 27 miles off the coast of Virginia Beach. The Bureau of Ocean Energy Management granted a favorable record of decision for the Richmond-based Fortune 500 electric uti[...]
Former Siemens exec charged in Dominion bid-rigging case
A retired Siemens Energy executive is facing a felony charge in an alleged conspiracy to steal its competitor’s trade secrets, helping the German energy company prevail in a winning bid to build a gas turbine “peaker” plant in Chesterfield County for Dominion Energy in 2019. John Gibson, of Winter Park, Florida, was charged in U.S. […]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President[...]
Dominion pitches new solar projects to SCC
Dominion Energy is pitching the State Corporation Commission on several solar projects that could generate enough carbon-free electricity to power nearly 200,000 homes. The projects, presented in the Fortune 500 utility‘s fourth annual clean energy filing with the state, include six solar projects totaling 337 megawatts an[...]
Reid retiring as Dominion Energy Services president
Carter Reid, executive vice president, chief of staff and corporate secretary of Dominion Energy, as well as president of Dominion Energy Services, will retire Jan. 1, 2024, the Richmond-based utility announced Monday. Carlos Brown, Dominion’s senior vice president, chief legal officer and general counsel, will be promoted[...]
Dominion Energy shareholders receive mini-tender offer
Dominion Energy is urging its shareholders to reject a “mini-tender” offer from TRC Capital Investment, the Richmond-based Fortune 500 utility announced Monday. Toronto-based investment firm TRC Capital offered to purchase up to 2 million shares of Dominion Energy’s common stock for $44 per share in cash, approximately[...]
Virginia Natural Gas names chief admin officer
Virginia Natural Gas has named Shannon Pierce as its vice president of strategy and chief administrative officer, the Virginia Beach-based utility announced Monday. Pierce, a native of Surry, most recently served as vice president of growth and chief external affairs officer at SouthStar Energy Services, a subsidiary of VNG̵[...]
Dominion offshore wind farm hits next federal benchmark
Dominion Energy’s proposed offshore wind farm on Monday hit another major milestone. The federal Bureau of Ocean Energy Management announced it has completed its environmental assessment of the project, planned 27 miles off the coast of Virginia Beach, a little more than two years after the review began. The nearly 700-pag[...]
Dominion pitches state on $70M battery storage pilot
Dominion Energy Virginia is asking the state to allow it to test two technologies that it says could lengthen the time its batteries can electrify the grid from an average of four hours to longer than four days. In a 117-page filing made Monday with the State Corporation Commission, Dominion said its Darbytown Storage Pilot [&he[...]
Dominion announces $14B sale of three natural gas companies
Richmond-based Fortune 500 utility Dominion Energy is selling its three natural gas distribution companies to Canadian pipeline and energy company Enbridge Inc. in a $14 billion deal announced Tuesday afternoon. Enbridge on Tuesday announced that the sale creates the largest natural gas utility franchise in North America. The co[...]
Gathering power
While working on a cellular tower a few years back, Kyle Mullins got what he describes as the “call of a lifetime” — an invitation to work on the first two pilot wind turbines for Dominion Energy’s Coastal Virginia Offshore Wind project. A Navy veteran who received a telecommunications technical certification from Te[...]