Dominion Energy plans to construct eight new pure gas-fired energy vegetation and pace the tempo of its renewable vitality efforts, in accordance with the utility’s built-in useful resource plan (IRP) filed with Virginia regulators on May 1.
The firm additionally stated its future plans give attention to rules on carbon emissions partly as a result of Virginia is contemplating becoming a member of the cap-and-trade Regional Greenhouse Gas Initiative (RGGI), which at the moment contains 9 states within the Northeast. Dominion in a press release Tuesday stated new carbon emissions guidelines are “just about assured sooner or later” and laid out what it thinks becoming a member of the RGGI would price prospects in its service territory.
“Dominion Energy Virginia stays dedicated to its longstanding aim of accountable operations; a various, balanced era fleet that avoids over-reliance on a single gasoline sort or know-how; and offering dependable and inexpensive vitality to its prospects,” stated Paul Koonce, CEO of Dominion Energy Power Generation Group, in a May 1 information launch. “These objectives guided improvement of the 2018 Plan and can information the corporate sooner or later.” The IRP represents the corporate’s forecast of energy era to fulfill buyer demand, and adjust to anticipated rules, within the subsequent 15 years.
Dominion stated its 4 nuclear items will stay in service even because it provides extra gas-fired and renewable energy era. Though the utility’s IRP stated its photo voltaic fleet “might increase by not less than four,720 megawatts of capability within the subsequent 15 years,” environmental teams shortly criticized the plan, notably the addition of recent gasoline vegetation.
“There is not any query that Dominion places shareholders first. Right now it’s standing with one foot previously to profit its shareholders, and one foot sooner or later, as a result of it is aware of renewable is our greatest least expensive vitality choice,” Will Cleveland, an legal professional with the Southern Environmental Law Center (SELC), stated in a May 2 assertion. “If we count on change from Dominion they’ll should be compelled into it.”
Dominion stated its potential photo voltaic additions symbolize a few 50% leap over its 2017 forecast of a further three,200 MW of photo voltaic era. It stated its eight new gasoline vegetation, all deliberate to be in service by 2033, would have three,664 MW of era capability. The firm additionally stated its forecast situations embody vitality effectivity packages that would minimize peak demand by 304 MW by 2033, and total annual vitality utilization by 805 GWh.
Dominion’s plan additionally contains development of the Coastal Virginia Offshore Wind demonstration venture, a 12-MW facility that will be the primary such venture off the Mid-Atlantic coast. Dominion stated it might be in service by 2021.
Dominion in its information launch stated its IRP has 5 options that envision compliance with federal or state carbon emissions guidelines, together with choices ought to Virginia be part of the RGGI. It stated “zero-carbon nuclear era stays the spine of the Dominion Energy Virginia gasoline combine,” noting about one-third of the utility’s era got here from nuclear in 2017. The firm stated all its choices within the IRP embody 20-year working license extensions for the 2 reactors at Surry Power Station and the 2 at North Anna Power Station.
“The Surry and North Anna nuclear items proceed to be the most important supply of zero-emissions era for the corporate by far, with their operation avoiding the discharge of roughly 22 million tons of CO2per 12 months,” the corporate stated. “Through the license extensions, the items will proceed to supply energy into the second half of the 21st century. More than 100,000 acres of photo voltaic photovoltaic amenities could be wanted to match the nuclear items’ annual energy output.”
Dominion additionally stated “Clean-burning, low-emission pure gasoline additionally performs a important function, each in assembly the vitality wants of the corporate’s prospects and backing up items…