Dominion
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News and Notes
Dominion Sells 50% Stake in $10B Offshore Wind Project
Dominion Energy has sold a 50% noncontrolling interest in its 2.6-GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an Oct. 25 financial filing said it received proceeds of $2.6 billion for the sale. The amount represents “reimbursement of approximately 50% of project-to-date capital investment.” […]
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Renewables
Nearly 5 GW of New Offshore Wind Power Approved for the U.S. Northeast
Over the past week, the offshore wind power sector in the U.S. received two major federal approvals that could add nearly 5 GW to the grid. On July 1, the Bureau of Ocean Energy Management (BOEM) approved a construction and operations plan (COP) for Avangrid’s 791-MW New England Wind 1 project and 1,080-MW New England Wind […]
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News and Notes
POWER Digest [March 2024]
Dominion Secures Final Approvals for 2.6-GW Offshore Wind Project. Dominion Energy on Jan. 30 said it received the last two major federal approvals needed to kick off construction of its 2.6-GW Coastal
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Hydrogen
NiSource Announces Blending Project with Hydrogen, Natural Gas
An Indiana-based utility said it has launched a multi-phase hydrogen blending project, a move that supports one of the first such installations in the U.S. to mix hydrogen and natural gas at precise levels to achieve optimal performance. NiSource said its project uses a blending skid in a controlled setting to mix hydrogen and natural […]
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History
History of Power: Dominion Energy’s Fluid Transition
A company that has corporate roots that go back to the Colonial era, Dominion Energy has been shaped by acquisitions and market forces. It is now in the midst of an extraordinary transformation to expand its
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Offshore Wind
Dominion Estimates $10B Installation Cost for 2.6-GW Virginia Offshore Wind Farm
Dominion Energy is revving up its efforts to build the 2.6-GW Coastal Virginia Offshore Wind (CVOW) commercial project before 2027 to meet state requirements, it said in a detailed filing for the $9.8 billion project submitted to the Virginia State Corporation Commission (SCC) on Nov. 5. CVOW, which will be sited on a federal lease […]
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Wind
Siemens-Gamesa Bags Deal for Mammoth 2.64-GW Virginia Offshore Wind Project
Dominion Energy’s proposed 2.64-GW Virginia Offshore Wind project—the world’s largest single offshore wind project proposed to date—will likely feature turbines supplied by Siemens Gamesa Renewable Energy (SGRE). A Jan. 7-announced preferred supplier agreement signed by the two companies could give the wind turbine maker a stronghold in the burgeoning offshore wind U.S. market. While the […]
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Renewables
Dominion Energy and Vanguard Renewables Form Strategic Partnership to Develop First Nationwide Network of Dairy Waste-to-Energy Projects
More than $200 million strategic partnership will capture methane from U.S. dairy farms and convert it into clean, renewable energy for U.S. consumers Strategic partnership will substantially reduce greenhouse gas emissions from U.S. dairy farms, equivalent to taking nearly 100,000 cars off the road or planting 7.5 million new trees each year Companies expand strategic […]
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News
Energy Secretary Wants to Fast-Track U.S. LNG Export Projects
Exports of liquefied natural gas (LNG) from the U.S. continue to rise, as the use of natural gas for power generation increases in countries such as China, South Korea, Japan, and Mexico. Data from the U.S. Department of Energy (DOE) shows that four U.S. LNG export facilities combined to ship 483 LNG cargoes in 2018, a […]
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Renewables
Dominion Sells 14.9-MW Bridgeport Fuel Cell Facility
FuelCell Energy has entered into a $37 million deal to acquire Dominion Energy’s 14.9-MW fuel cell project in Bridgeport, Connecticut, a project it developed and built, and has operated since it began operations in December 2013. The project, one of the largest of its kind in the world, is powered by five Direct FuelCell stationary […]
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