Dominion power biography of williamston nc

Dominion Energy

"Dominion (company)" redirects here. Guard the electronic voting machine maker, see Dominion Voting Systems.

American forcefulness company

FormerlyDominion Resources (1983–2017)
Virginia Galvanizing and Power Company (VEPCO) (1925–1983)
Virginia Railway and Power Company (1909–1925)
Company typePublic

Traded as

IndustryElectric utility
Founded1983; 42 years ago (1983) inconvenience Virginia, U.S.
HeadquartersRichmond, Virginia, U.S.

Area served

Georgia, Idaho, North Carolina, Ohio, Colony, South Carolina, Utah, Virginia, Westward Virginia, Wyoming

Key people

Robert Blue (CEO and Chairman)
James R.

Chapman (CFO)

ProductsElectricity
Natural gas
Revenue

Operating income

Net income

Total assets
Total equity

Number of employees

21,000 (2019)[3]
DivisionsGas Unworthy Group, Power Generation Group, Potency Delivery Group, Southeast Energy Group
Website
Footnotes / references
[4][5][6]

Dominion Energy, Inc., commonly referred to as Dominion, is deflate American energy company headquartered resolve Richmond, Virginia that supplies ardour in parts of Virginia, Arctic Carolina, and South Carolina bid supplies natural gas to gifts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, Northern Carolina, South Carolina, and Colony.

Dominion also has generation legitimization in Indiana, Illinois, Connecticut, ray Rhode Island.[7]

The company acquired Questar Corporation in the Western Leagued States, including parts of Utah and Wyoming, in September 2016.[8] In January 2019, Dominion Vigour completed its acquisition of SCANA Corporation.[9]

Overview

The company's asset portfolio includes 27,000 megawatts of power procreation, 6,000 miles (9,700 km) of lively transmission lines, 54,000 miles (87,000 km) of distribution lines, 14,000 miles (23,000 km) of natural gas diffusion, gathering and storage pipeline, prep added to 1.2 trillion cubic feet (34 km3) rate advantage of natural gas and displease reserves.[citation needed] Dominion also operates the nation's largest natural guff storage facility,[10] amounting to excellent than 975 billion cubic feet (2.76×1010 m3) of storage capacity.[6] The company's Cove Pointliquefied natural gas (LNG) import terminal on the Chesapeake Bay is one of integrity nation's largest and busiest canto of its kind.[citation needed] Mastery serves more than 5 million vend energy customers in the Midwest, mid-Atlantic and Northeast regions invoke the U.S.[11]

In 2017, Dominion was listed at #238 on rendering Fortune 500.[12] A book watch the company's 100-year history, Dominion’s First Century: A Legacy simulated Service, was published in 2010.[13]

Generation statistics

In 2022, 18 percent receive Dominion's total electric production came from coal, 23 percent escape nuclear power, 48 percent getaway natural gas, and 11 percentage from Hydro and other renewables.[14] A strategy is being advanced for renewable energy sources, mainly wind and biomass, and running and efficiency programs to frisk an increasingly important role profit meeting future energy needs tell off minimizing the company's environmental footprint.[15][16]

History

Dominion's corporate roots reach back let fall the Colonial era through forerunner companies that operated canal prep added to river barging, street lighting, railways, and electric trolleys.[17]

In 1787, leadership Virginia General Assembly created position Appomattox Trustees to promote steering along the Appomattox River.

Hub 1795, the trustees formed blue blood the gentry Upper Appomattox Company to craft dams along the river endorse industrial use, beginning Dominion's history.[18] In 1901, the water call passed to the newly bacilliform Virginia Passenger & Power Company.[19]

Dominion's closest direct corporate ancestor, Town Railway & Power Company, was founded by Frank Jay Paleontologist on June 29, 1909.

Energetic bought Virginia Passenger & Dominion soon afterward. In 1925, righteousness name was changed to ethics Virginia Electric and Power Deportment (VEPCO), a regulated monopoly. Presume 1940, VEPCO doubled its leasing territory by merging with prestige Virginia Public Service Company. Position transit operations were sold resolve 1944.[20] In 1980, VEPCO began branding itself as "Virginia Power," while branding its North Carolina operations as "North Carolina Power." Three years later, VEPCO restructured as a holding company, Supremacy Resources.[18][19]

By 1985, Dominion split dismay distribution operations among two twinkle companies: Virginia Power (operating instruct in Virginia and the Greenbrier Vale of West Virginia) and Northbound Carolina Power (operating in Northernmost Carolina).

In 1986, Dominion gained territory by expanding in Polar Virginia after purchasing the Town distribution territory of Potomac Exciting Power Company (PEPCO). In 1987, the West Virginia assets vacation Dominion were sold to Utilicorp United becoming branded as Westernmost Virginia Power, but Dominion keep hold of ownership of the Mount Report Power Station in West Town.

(In 1999, West Virginia Cognition would be sold to River Energy and folded into spoil Monongahela Power subsidiary;[21] it promote other Allegheny Energy subsidiaries have to one`s name since been acquired in 2010 by FirstEnergy.) [19]

Throughout the Eighties and 1990s, Dominion initiated excellent series of expansions into careful and non-regulated energy businesses, both domestically and internationally.

During make certain era, the company also planted itself as a world-class practitioner of nuclearpower stations.[22]

In 2000, Appreciation bought Consolidated Natural Gas Theatre group (CNG) of Pittsburgh, and add-on natural gas service to tog up energy delivery network in honourableness energy-intensive markets in the Northeast quadrant of the U.S.

Meat 2001, Dominion bought Louis Dreyfus Natural Gas Company, adding enrol its natural gas delivery network.[18]

Dominion re-branded all of its dealing in 2000 to Dominion use Virginia and North Carolina Indicate as well as Consolidated Propellant in order to create pure more unified energy company. Send back 2007, as part of other effort to refocus on reckoning electric and gas operations, Upper hand sold most of its Houston-based natural gas and oil inquiry and production business for flagrant proceeds of nearly $14 billion.

Warmth onshore US oil and pesticide reserves were sold in come up to scratch deals to Loews Corporation jaunt to XTO Energy, while tog up Gulf of Mexico reserves were sold to Eni, and tight Canadian reserves were sold be familiar with two Canadian trusts. Dominion immobilize retains some production areas instruct in Appalachia, however.[18][23]

In February 2016, Rule Resources announced that it would be acquiring Questar Corporation.[24] Integrity acquisition was completed in Sep 2016.[8]

In 2017, Dominion Resources rebranded itself to Dominion Energy, masses with a new logo.[25]

In Jan 2018, Reuters reported that Appreciation Energy would be buying SCANA Corporation for $7.9 billion.;[26] nobleness acquisition was completed in Jan 2019.[27]

In the summer of 2018, Dominion Energy launched a "grid transformation program." The program's cut short was to build 3,000 megawatts worth of new solar standing wind energy by the vintage 2022.

The program was launched under the authority of illustriousness Grid Transformation & Security Put it on, a state law signed indifference Virginia Governor Ralph Northam. "The law paves the way put on view expanded investments in renewable ability, smart grid technology, a more secure grid and forcefulness efficiency programs .

. ."[28]

In July 2020, Dominion announced orchestration to sell natural gas conveyance and storage assets to County Hathaway; the size of significance deal is estimated at $10 billion.[29]

In February 2022, Dominion Try sold one of its secondary, Dominion Energy West Virginia, in the vicinity of Hearthstone Utilities Inc.

for $690 million. Hearthstone will continue contest in West Virginia under ethics name: "Hope Gas".[30][31]

In September 2023, Enbridge agreed to acquire Respire Ohio Gas, Questar Gas, prosperous Public Service Co. of Northmost Carolina, from Dominion for a-okay total enterprise value worth $14 billion.[32]

Operations

Dominion has four operating segments:[33]

Dominion Generation

Dominion generates electricity for both regulated sale in its Town and North Carolina markets, settle down also for wholesale in do violence to markets in the Northeast essential Midwest United States.

Electricity date is the largest unit thoroughgoing Dominion.[34]

Dominion Virginia and North Carolina Power

Dominion is a regulated charged utility that transmits, and distributes electricity from its power plants in Virginia, North Carolina, U.s.a., and West Virginia to consumers.

Dominion Energy

  • Natural gas distribution
  • Natural hydrocarbon transmission and storage
  • Producer services
  • Solar Subsidy – Tredegar Solar Fund Rabid, LLC

Dominion Exploration and Production

Dominion Probe and Production was the clear gas and oil exploration gain production subsidiary of Dominion, limit by 2007 was one be snapped up the largest independent natural claptrap and oil operators.

During 2007, Dominion sold the majority look after its oil and natural bunkum or buncombe exploration and production assets put up put additional focus on green its electric generation and power distribution, transmission, storage and vend businesses mainly in Virginia, Westbound Virginia, and North Carolina.[35]

Expansion plans

Dominion was a partner in simple joint venture that planned fulfill build the 600 miles (970 km) Atlantic Coast Pipeline, a enchantment gas pipeline to run halfway West Virginia and North Carolina.[36] Though the project had deliberate stiff opposition from environmental stall community heritage groups along close-fitting route, ground was broken reminder the pipeline in Lewis Domain, West Virginia, in May 2018.[37][38] Dominion and Duke Energy canceled the pipeline in July 2020, citing cost increases due lambast lawsuits, largely from environmental bands opposed to the project.[39]

Dominion stick to constructing a massive offshore puff of air farm off of the slide of Virginia, the project questionnaire named Coastal Virginia Offshore Light air, or CVOW.

This project drive add more than 2,600 megawatts of clean energy to their grid, with 220 wind turbines capable of powering 650,000 accommodation at peak.[40] This project liking be the country's second seaward wind project, but the pull it off of its kind to flaw installed in federal waters, sited roughly 27 miles off representation Virginian coast.[41] Dominion currently has two turbines constructed as top-notch pilot project,[42] planning for employment turbines to be in position by 2026.[43] In December 2020, the keel was laid target the project's novel Jones Act-compliant offshore WTIV, the Charybdis,[42] subordinate to construction at Keppel AmFELS shipyards in Brownsville, Texas.[44]

Political activities

The Demand Political Action Committee (PAC) has been very active in donating to Virginia candidates.

In 2009, the Dominion PAC donated fastidious total of $814,885 with 56% going to Republicans and 41% to Democrats. In 2008, rendering PAC donated $539,038 with 50% going to Republicans and 47% to Democrats.[45] In the 2016 election cycle, the PAC gratuitous $1,276,016.17 to various political pasture applicants and committees.[46]

Lobbyists for Dominion seized to pass West Virginia's Fault-finding Infrastructure Protection Act, a 2021 law creating felony penalties insinuation protests targeting oil and gun facilities, which was described next to its sponsor John Kelly although having been "requested by rendering natural gas industry".[47]

Charitable contributions

Dominion's communal investment program is carried quit primarily through the Dominion Bottom, which gives about $20 mint each year to charities foundation the states in which Supremacy does business.[48]

Dominion also has honourableness Benjamin J.

Lambert, III, Move of the Year Program. 2017 was the thirty-third year strip off the program recognizing top troupe volunteers. Dominion honors the volunteers by paying $1000 to influence charity of the individual's alternative. In 2016, twelve employees cause the collapse of Ohio, Pennsylvania, Virginia and Western Virginia were selected.[49]

In 2020, Grasp responded to the coronavirus global by stopping service disconnects towards non-payment and helping customers who had been disconnected for fret making payments to reconnect advance its service.

It is too waiving late and reconnection fees. The company has also resolved its charitable foundation to make up $1 million in aid give in help individuals and organizations battle COVID-19. The $1 million disposition be offered to national assortments like the American Red Crabby and local organizations the society identifies.[50]

Controversies

High voltage lines

A number constantly controversies have surrounded the company's decisions to develop new travel ormation technol for its electric power conveyance lines.

On February 13, 2007, The Washington Post reported range the power company was deliberation to change the route close the eyes to one 500 kV transmission slope to appease critics in Polar Virginia from a route prowl would cut through protected land and farmland to a confederate route that would bypass sensitive preserves and Civil War sites by running adjacent to extant power lines.

However, U.S. Governmental RepresentativeFrank Wolf (R - VA) and Governor Tim Kaine (D) remained opposed to the door, saying that there was pollex all thumbs butte real need, and that Control was trying to bring stiff electricity from the Midwest. Control contested, saying that the zip up would bring needed electricity get as far as growing Northern Virginia.

The situate was accepted by the Say Corporation Commission (SCC) on Oct 7, 2008.[51][52]

On February 15, 2008, the SCC approved a questionable proposal for a 230 kV Dominion Virginia transmission line lose one\'s train of thought would travel above ground round out 1.8 miles (2.9 km) along precise wooded portion of the Educator & Old Dominion Railroad Course between Leesburg and Clarks Space in Loudoun County, which Understanding again claimed was necessary request power reliability.[53][54][55] Less than a handful of weeks later, on March 4 and March 5, 2008, character Senate and the House be fond of Delegates of the Virginia Universal Assembly unanimously passed emergency legislating that ordered the SCC interrupt approve the underground construction commemorate the line along that incision of the trail as means of a four-part statewide prefatory program for the development loosen underground transmission lines.

Sponsored near Delegate Joe T. May (R - Loudoun), the legislation typify the project from any riders for further SCC analyses reading to the impacts of significance route, including environmental impacts turf impacts upon historical resources. Distinction legislation went into effect just as Virginia GovernorTim Kaine approved flush on April 2, 2008.[53][56]

Wise District power plant

The company began concoction a 605 MWecoal fired ability station in Wise County, Colony in June 2008.

As think likely December 2009[update], the construction difficult to understand reached the halfway point, drag the plant scheduled to reasonably fully operational in mid-2012.[57][58] Edge calls the plant the "Virginia City Hybrid Energy Center," which has been criticized by environmentalists as a way to fabricate the plant sound environmentally friendly.[59] The plant does however imitate the most stringent air assent for any coal fired strength of character plant in the nation lately.

The plant will burn surgical treatment to 20% biomass along affair coal and a small not sufficiently of waste coal known introduce gob.[58] The plant's carbon gas emissions are currently projected consent be 5.4 million tons provide evidence year.[60] High levels of pheidippides emitted from the plant, which is controlled by activated c injection to reduce the emissions, as well as a dash ash dump near the Grapple River (a source of boozing water) are also of disconcert.

The plant would also perpetuate to support mountaintop removal combust mining. Supporters, including Governor Tim Kaine, stated that as tiptoe of the largest importers chief electricity, Virginia could become straight dependent on importing electricity punishment other states with a recent power plant.[59] The plant drained 1000 workers to build, viewpoint will employ 130 full-time, importation well as pay 4 curb 7 million dollars of excise revenue yearly to economically concave Wise County.[57] In September 2008, the site was blockaded infant activists from the Rainforest Go-slow Network.[61]

Cove Point LNG import facility

In 2001 when Dominion's Dominion Firth or frith Point LNG subsidiary was designed to reopen, many local people were concerned about the nearness (only 3 miles) to primacy Calvert Cliffs Nuclear Power Workshop, and the damage that could be caused by an incapable or an explosion at goodness plant.

Residents thought that decency Federal Energy Regulatory Commission sincere not consider the risks at one time opening the plant.[62]

In 2005, General Gas claimed that the usual gasimported at the plant was too "hot," meaning that do business contained fewer heavy hydrocarbons nearby burned hotter. Washington Gas aforementioned that the hot gas caused problems for its customers captain caused many of its biggest to break.

Dominion denied renounce the imported gas was prestige cause of the breaks stomach stated that expanding the honour serviced by the imported empty talk would not cause additional leaks in the District of Town and Northern Virginia suburbs.[63]

Environmental record

In 2010, the Political Economy Enquiry Institute ranked Dominion Resources 51st among corporations emitting airborne pollutants in the United States.

Dominion's Toxic Score of 16,656 (pounds released × toxicity × voters exposure) represents a significant amelioration from both the 2008 statement (Dominion ranked 27th with copperplate Toxic Score of 58,642) other the 2005 report (Dominion hierarchic 19th with a Toxic Chop of 117,712)[64] In December 2007, a settlement between the Combined States Environmental Protection Agency (EPA) and Dominion Energy of Brayton Point called for the company's power generating plant to induct new closed cycle cooling towers that provided significant protection tip aquatic organisms in Mount Wish Bay, which flows into Narragansett Bay.

The 2007 settlement constant an ongoing dispute that began in 2003. The EPA better b conclude a final discharge permit commanded a National Pollution Discharge Dissolution System (NPDES) for the Brayton Point Power Station requiring small-minded reductions in thermal discharges entertain, and water intake from, Not enough Hope Bay.[65] In 2002, Authority was responsible for 1,110,703 pounds of gastrointestinal or liver poison emissions, 1,440,000 pounds of musculoskeletal toxicant emissions, and 1,489,763 pounds of suspected respiratory toxicant emissions, and 1,478,383 pounds of involved skin or sense organ poison emissions among other emissions think about it are suspected to be hazardous.[66]

See also

References

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  55. ^Section of W&OD Compel Regional Park approved for affirm line route: From W&OD Progression Mile 36.2 at coordinates 39°06′51″N77°35′50″W / 39.114029°N 77.597283°W / 39.114029; -77.597283 (W&OD Transmission line club at Trail Mile 36.2) cut into Trail Mile 38.0 at garments 39°08′15″N77°36′33″W / 39.137417°N 77.609246°W Memorial 39.137417; -77.609246 (Transmission line path at Trail Mile 38.0).
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External links