Dominion Energy
BOEM is about to begin its review of Dominion’s Coastal Virginia Offshore Wind, the first major milestone in the federal permitting of the 2.6-GW project.
The needs of European Offshore Wind developers will constrain availability severely for wind turbine installation vessels that could serve the U.S. market.
Dominion Energy admitted it is likely to fall short of Virginia's energy savings requirements, while environmental groups urged more aggressive measures.
PJM ratepayers will likely see capacity prices drop as a result of Dominion’s decision to exit the market, according to a report by the RTO’s Monitor.
PJM stakeholders endorsed a proposal to address regulation for virtual combined cycle units, but some were concerned that the work will be too complex.
PJM defended its handling of Dominion Energy’s decision to opt out of the May 19 capacity auction, asking FERC to reject a complaint by LS Power.
LS Power asked FERC to block Dominion from opting out of PJM’s capacity auction, saying the RTO violated its rules by accepting the utility’s FRR election.
Dominion has abandoned PJM’s capacity market over concerns the minimum offer price rule will undermine its ability to meet Virginia’s renewable targets.
Dominion Energy officials are confident that its 2.6-GW offshore wind project will meet cost projections despite rising raw material costs.
The Virginia State Corporation Commission on April 30 gave Dominion Energy the go-ahead to spend $10.4 million to build three solar projects totaling 82 MW.
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