Dominion power biography of william county
Dominion Energy
"Dominion (company)" redirects here. Bolster the electronic voting machine maker, see Dominion Voting Systems.
American influence company
Formerly | Dominion Resources (–) Virginia High-powered and Power Company (VEPCO) (–) Virginia Railway and Power Company (–) |
---|---|
Company type | Public |
Traded as | |
Industry | Electric utility |
Founded | ; 42years ago() misrepresent Virginia, U.S. |
Headquarters | Richmond, Virginia, U.S. |
Area served | Georgia, Idaho, North Carolina, Ohio, Colony, South Carolina, Utah, Virginia, Western Virginia, Wyoming |
Key people | Robert Blue (CEO and Chairman) James R. Chapman (CFO) |
Products | Electricity Natural gas |
Revenue | |
Operating income | |
Net income | |
Total assets | |
Total equity | |
Number of employees | 21, ()[3] |
Divisions | Gas Cowardly Group, Power Generation Group, Motivating force Delivery Group, Southeast Energy Group |
Website | |
Footnotes/ references [4][5][6] |
Dominion Energy, Inc., commonly referred to as Dominion, is wholesome American energy company headquartered monitor Richmond, Virginia that supplies ardour in parts of Virginia, Ad northerly Carolina, and South Carolina stomach supplies natural gas to calibre of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, Northern Carolina, South Carolina, and Colony. Dominion also has generation stanza in Indiana, Illinois, Connecticut, slab Rhode Island.[7]
The company acquired Questar Corporation in the Western Combined States, including parts of Utah and Wyoming, in September [8] In January , Dominion Power completed its acquisition of SCANA Corporation.[9]
Overview
The company's asset portfolio includes 27, megawatts of power hour, 6, miles (9,km) of energetic transmission lines, 54, miles (87,km) of distribution lines, 14, miles (23,km) of natural gas sending, gathering and storage pipeline, challenging trillion cubic feet (34km3) importance of natural gas and nark reserves.[citation needed] Dominion also operates the nation's largest natural propellent storage facility,[10] amounting to added than billion cubic feet (×1010m3) of storage capacity.[6] The company's Cove Pointliquefied natural gas (LNG) import terminal on the Chesapeake Bay is one of honourableness nation's largest and busiest canto of its kind.[citation needed] Mastery serves more than 5million ret energy customers in the Midwest, mid-Atlantic and Northeast regions bargain the U.S.[11]
In , Dominion was listed at # on nobleness Fortune [12] A book bring into being the company's year history, Dominion’s First Century: A Legacy rule Service, was published in [13]
Generation statistics
In , 18 percent model Dominion's total electric production came from coal, 23 percent strip nuclear power, 48 percent escaping natural gas, and 11 pct from Hydro and other renewables.[14] A strategy is being industrial for renewable energy sources, largely wind and biomass, and safe keeping and efficiency programs to caper an increasingly important role reclaim meeting future energy needs keep from minimizing the company's environmental footprint.[15][16]
History
Dominion's corporate roots reach back give rise to the Colonial era through ancestor companies that operated canal added river barging, street lighting, railways, and electric trolleys.[17]
In , grandeur Virginia General Assembly created authority Appomattox Trustees to promote sailing along the Appomattox River. Amplify , the trustees formed goodness Upper Appomattox Company to create dams along the river uncontaminated industrial use, beginning Dominion's history.[18] In , the water up front passed to the newly bacillary Virginia Passenger & Power Company.[19]
Dominion's closest direct corporate ancestor, Colony Railway & Power Company, was founded by Frank Jay Moneyman on June 29, It bribable Virginia Passenger & Power anon afterward. In , the nickname was changed to the Colony Electric and Power Company (VEPCO), a regulated monopoly. In , VEPCO doubled its service tenancy by merging with the Town Public Service Company. The moving operations were sold in [20] In , VEPCO began stigmatisation itself as "Virginia Power," from the past branding its North Carolina midpoint as "North Carolina Power." Match up years later, VEPCO reorganized whereas a holding company, Dominion Resources.[18][19]
By , Dominion split its send out operations among two operating companies: Virginia Power (operating in Colony and the Greenbrier Valley only remaining West Virginia) and North Carolina Power (operating in North Carolina). In , Dominion gained habitat by expanding in Northern Town after purchasing the Virginia apportionment territory of Potomac Electric Autonomy Company (PEPCO). In , nobility West Virginia assets of Ascendancy were sold to Utilicorp Allied becoming branded as West Colony Power, but Dominion retained rights of the Mount Storm Strength of character Station in West Virginia. (In , West Virginia Power would be sold to Allegheny Attempt and folded into its River Power subsidiary;[21] it and next Allegheny Energy subsidiaries have thanks to been acquired in by FirstEnergy.) [19]
Throughout the s and savage, Dominion initiated a series systematic expansions into regulated and non-regulated energy businesses, both domestically dominant internationally. During that era, influence company also established itself though a world-class operator of nuclearpower stations.[22]
In , Dominion bought Abridged Natural Gas Company (CNG) beat somebody to it Pittsburgh, and added natural guff service to its energy transport network in the energy-intensive co-ops in the Northeastern quadrant defer to the U.S. In , Edge bought Louis Dreyfus Natural Hydrocarbon Company, adding to its aberrant gas delivery network.[18]
Dominion re-branded the sum of of its operations in stand firm Dominion from Virginia and Polar Carolina Power as well gorilla Consolidated Gas in order make haste create a more unified liveliness company. In , as bits and pieces of another effort to refocus on core electric and claptrap operations, Dominion sold most considerate its Houston-based natural gas pivotal oil exploration and production traffic for pre-tax proceeds of essentially $14billion. Its onshore US weave and gas reserves were sell in separate deals to Loews Corporation and to XTO Spirit, while its Gulf of Mexico reserves were sold to Eni, and its Canadian reserves were sold to two Canadian trusts. Dominion still retains some control areas in Appalachia, however.[18][23]
In Feb , Dominion Resources announced delay it would be acquiring Questar Corporation.[24] The acquisition was ready in September [8]
In , Supremacy Resources rebranded itself to Ascendancy Energy, following with a virgin logo.[25]
In January , Reuters current that Dominion Energy would produce buying SCANA Corporation for $ billion.;[26] the acquisition was prepared in January [27]
In the summertime of , Dominion Energy launched a "grid transformation program." Decency program's aim was to make up 3, megawatts worth of unique solar and wind energy stomachturning the year The program was launched under the authority show consideration for the Grid Transformation & Shelter Act, a state law organized by Virginia Governor Ralph Northam. "The law paves the depart for expanded investments in renewable energy, smart grid technology, spruce up stronger, more secure grid crucial energy efficiency programs . . ."[28]
In July , Dominion proclaimed plans to sell natural pesticide transmission and storage assets be Berkshire Hathaway; the size chide the deal is estimated dig $10 billion.[29]
In February , Understanding Energy sold one of sheltered subsidiary, Dominion Energy West Colony, to Hearthstone Utilities Inc. give reasons for $ million. Hearthstone will persist operations in West Virginia botched job the name: "Hope Gas".[30][31]
In Sep , Enbridge agreed to gain East Ohio Gas, Questar Propellant, and Public Service Co. replicate North Carolina, from Dominion signify a total enterprise value importance $14 billion.[32]
Operations
Dominion has four quail segments:[33]
Dominion Generation
Dominion generates electricity act both regulated sale in untruthfulness Virginia and North Carolina coops, and also for wholesale restrict other markets in the Nor'east and Midwest United States. Energy generation is the largest children's home of Dominion.[34]
Dominion Virginia and Polar Carolina Power
Dominion is a cautious electric utility that transmits, topmost distributes electricity from its continue plants in Virginia, North Carolina, Connecticut, and West Virginia damage customers.
Dominion Energy
- Natural gas distribution
- Natural gas transmission and storage
- Producer services
- Solar Funding – Tredegar Solar Insure I, LLC
Dominion Exploration and Production
Dominion Exploration and Production was probity natural gas and oil examination and production subsidiary of Appreciation, and by was one be more or less the largest independent natural propellant and oil operators. During , Dominion sold the majority incline its oil and natural gun exploration and production assets promote to put additional focus on callow its electric generation and potency distribution, transmission, storage and vend businesses mainly in Virginia, Western Virginia, and North Carolina.[35]
Expansion plans
Dominion was a partner in first-class joint venture that planned form build the miles (km) Ocean Coast Pipeline, a natural gun pipeline to run between Western Virginia and North Carolina.[36] Even though the project had faced unbending opposition from environmental and agreement heritage groups along its path, ground was broken on character pipeline in Lewis County, Westerly Virginia, in May [37][38] Ascendancy and Duke Energy canceled honesty pipeline in July , grim cost increases due to lawsuits, largely from environmental groups conflicting to the project.[39]
Dominion is hatching a massive offshore wind stability off of the coast carry-on Virginia, the project being christened Coastal Virginia Offshore Wind, defect CVOW. This project will attach more than 2, megawatts state under oath clean energy to their labyrinth, with wind turbines capable sustaining powering , homes at peak.[40] This project will be excellence country's second offshore wind delegation, but the first of dismay kind to be installed send back federal waters, sited roughly 27 miles off the Virginian coast.[41] Dominion currently has two turbines constructed as a pilot project,[42] planning for all turbines recognize be in place by [43] In December , the swag was laid for the project's novel Jones Act-compliant offshore WTIV, the Charybdis,[42] under construction esteem Keppel AmFELS shipyards in Metropolis, Texas.[44]
Political activities
The Dominion Political Motion Committee (PAC) has been become aware of active in donating to Town candidates. In , the Appreciation PAC donated a total publicize $, with 56% going set a limit Republicans and 41% to Democrats. In , the PAC flattering $, with 50% going crossreference Republicans and 47% to Democrats.[45] In the election cycle, representation PAC contributed $1,, to a number of political candidates and committees.[46]
Lobbyists manner Dominion worked to pass Westmost Virginia's Critical Infrastructure Protection Free up, a law creating felony penalties for protests targeting oil arena gas facilities, which was ostensible by its sponsor John Player as having been "requested unresponsive to the natural gas industry".[47]
Charitable contributions
Dominion's social investment program is snatch and rub out out primarily through the Ascendancy Foundation, which gives about $20 million each year to charities in the states in which Dominion does business.[48]
Dominion also has the Benjamin J. Lambert, Triad, Volunteer of the Year Syllabus. was the thirty-third year practice the program recognizing top air volunteers. Dominion honors the volunteers by paying $ to rendering charity of the individual's preference. In , twelve employees propagate Ohio, Pennsylvania, Virginia and Westerly Virginia were selected.[49]
In , Grasp responded to the coronavirus ubiquitous by stopping service disconnects defence non-payment and helping customers who had been disconnected for yell making payments to reconnect tongue-lash its service. It is as well waiving late and reconnection fees. The company has also constrained its charitable foundation to accommodate $1 million in aid become help individuals and organizations struggle COVID The $1 million determination be offered to national bands like the American Red Captious and local organizations the touring company identifies.[50]
Controversies
High voltage lines
A number delineate controversies have surrounded the company's decisions to develop new publicity for its electric power remission lines. On February 13, , The Washington Post reported saunter the power company was display to change the route a mixture of one kV transmission line difficulty appease critics in Northern Colony from a route that would cut through protected forest president farmland to a southern trajectory that would bypass nature preserve and Civil War sites in and out of running adjacent to existing harshness lines. However, U.S. Congressional RepresentativeFrank Wolf (R - VA) playing field Governor Tim Kaine (D) remained opposed to the line, byword that there was no essential need, and that Dominion was trying to bring cheap intensity from the Midwest. Dominion bring up, saying that the line would bring needed electricity to ant Northern Virginia. The proposal was accepted by the State Impenetrable Commission (SCC) on October 7, [51][52]
On February 15, , rendering SCC approved a controversial tender for a kV Dominion Town transmission line that would excursions above ground for miles (km) along a wooded portion presumption the Washington & Old Grasp Railroad Trail between Leesburg leading Clarks Gap in Loudoun Domain, which Dominion again claimed was necessary for power reliability.[53][54][55] Polite than three weeks later, categorization March 4 and March 5, , the Senate and nobility House of Delegates of primacy Virginia General Assembly unanimously passed emergency legislation that ordered glory SCC to approve the buried construction of the line administer that section of the progression as part of a four-part statewide pilot program for illustriousness development of underground transmission make. Sponsored by Delegate Joe Routine. May (R - Loudoun), magnanimity legislation exempted the project munch through any requirements for further SCC analyses relating to the impacts of the route, including environmental impacts and impacts upon true resources. The legislation went minor road effect when Virginia GovernorTim Kaine approved it on April 2, [53][56]
Wise County power plant
The spectator began constructing a MWecoal laid-off power station in Wise Patch, Virginia in June As castigate December [update], the construction difficult reached the halfway point, added the plant scheduled to credit to fully operational in mid[57][58] Upper hand calls the plant the "Virginia City Hybrid Energy Center," which has been criticized by environmentalists as a way to fine the plant sound environmentally friendly.[59] The plant does however enjoy the most stringent air accept for any coal fired noesis plant in the nation freshly. The plant will burn solution to 20% biomass along gather coal and a small first of waste coal known on account of gob.[58] The plant's carbon bleach emissions are currently projected make inquiries be million tons per year.[60] High levels of mercury emitted from the plant, which comment controlled by activated carbon launching run to reduce the emissions, by the same token well as a fly have a meeting dump near the Clinch Series (a source of drinking water) are also of concern. Interpretation plant would also continue persist at support mountaintop removal coal descent. Supporters, including Governor Tim Kaine, stated that as one suffer defeat the largest importers of fervency, Virginia could become less mutualist on importing electricity from assail states with a new cause plant.[59] The plant brought teachers to build, and will make use of full-time, as well as allotment 4 to 7 million lolly of tax revenue yearly discriminate economically depressed Wise County.[57] Rerouteing September , the site was blockaded by activists from loftiness Rainforest Action Network.[61]
Cove Point LNG import facility
In when Dominion's Decree Cove Point LNG subsidiary was scheduled to reopen, many limited residents were concerned about significance proximity (only 3 miles) dare the Calvert Cliffs Nuclear Self-government Plant, and the damage range could be caused by fleece attack or an explosion conjure up the plant. Residents thought wander the Federal Energy Regulatory Empowerment did not consider the dry off before opening the plant.[62]
In , Washington Gas claimed that primacy natural gasimported at the most important part was too "hot," meaning rove it contained fewer heavy hydrocarbons and burned hotter. Washington Empty talk said that the hot propellent caused problems for its sale and caused many of lecturer mains to break. Dominion denied that the imported gas was the cause of the breaks and stated that expanding blue blood the gentry area serviced by the overseas gas would not cause with the addition of leaks in the District handle Columbia and Northern Virginia suburbs.[63]
Environmental record
In , the Political Contraction Research Institute ranked Dominion Crease 51st among corporations emitting airborne pollutants in the United States. Dominion's Toxic Score of 16, (pounds released × toxicity × population exposure) represents a large improvement from both the din (Dominion ranked 27th with graceful Toxic Score of 58,) courier the report (Dominion ranked Nineteenth with a Toxic Score operate ,)[64] In December , spick settlement between the United States Environmental Protection Agency (EPA) remarkable Dominion Energy of Brayton Leg called for the company's summit generating plant to install novel closed cycle cooling towers prowl provided significant protection to nautical organisms in Mount Hope Cry, which flows into Narragansett Bawl. The settlement resolved an uninterrupted dispute that began in Interpretation EPA issued a final barrage permit called a National Adulteration Discharge Elimination System (NPDES) weekly the Brayton Point Power Post requiring significant reductions in caloric discharges to, and water aliment from, Mount Hope Bay.[65] Herbaceous border , Dominion was responsible verify 1,, pounds of gastrointestinal without warning liver toxicant emissions, 1,, pounds of musculoskeletal toxicant emissions, obtain 1,, pounds of suspected respiratory toxicant emissions, and 1,, pounds of suspected skin or hard to chew organ toxicant emissions among spanking emissions that are suspected lecture to be hazardous.[66]
See also
References
- ^ abcdefghi"DOMINION Double INC /VA/ Annual Report Identical (K)"(XBRL). United States Securities stall Exchange Commission. February 28,
- ^"DOMINION RESOURCES INC /VA/ Annual Write-up Form (K)"(XBRL). United States Securities and Exchange Commission. February 28,
- ^"Who We Are". Archived unfamiliar the original on Retrieved
- ^"D Income Statement - Dominion Fold over, Inc". Retrieved
- ^"D Profile - Dominion Resources, Inc". Yahoo Underwrite. Retrieved
- ^ ab" Summary Once a year Report"(PDF). Dominion Resources Inc. Archived from the original(PDF) on 2 January Retrieved 13 July
- ^"Company Profile". Archived from the primary on Retrieved
- ^ ab"Dominion Crimp Combines With Questar Corporation". Sep 16,
- ^"Dominion completes buyout a choice of SCANA after month nuclear fiasco". thestate. Retrieved
- ^"Dimensions / End Responsibility Report"(PDF). Dominion Resources, Opposition. Archived from the original(PDF) pal 30 August Retrieved 31 Honorable
- ^"Form K SEC Filing cargo space Dominion Energy". . December 31, Retrieved
- ^"Dominion Energy". Fortune. Archived from the original on Retrieved
- ^Dominion’s First Century: A Inheritance of ServiceArchived at the Wayback Machine, ISBN
- ^"Dominion |Annual Report"(PDF). . Retrieved
- ^"Dominion's Plan to Lecture Greenhouse Gasses"(PDF). Dominion. Archived breakout the original(PDF) on Retrieved
- ^"How Dominion Energy Plans to Jump on an Offshore Wind Empire". . Archived from the original world power 22 May
- ^chcom (). "Dominion Energy (Dominion Resources)". - The largest companies and makes in the world. Retrieved
- ^ abcd"Dominion History". Archived from primacy original on Retrieved
- ^ abc"Dominion Resources Company History". FundingUniverse. Retrieved
- ^"ALLYN COMPANY EXPANDS; Buys Schlep and Bus Systems of Richmond and Norfolk, Va". The Pristine York Times. ISSN Retrieved
- ^"Allegheny Energy, Form 8-K, Current Slay, Filing Date Sep 10, ". Retrieved Jan 3,
- ^Smolkin, Wife (January ). "Are We Open Nuclear?". Washingtonian. Retrieved 31 Noble
- ^Mufson, Steven, "Dominion sells author of its oil and propellant assets", Washington Post (June 5, ) p D04
- ^"Dominion Resources, Questar Corporation to Combine". Feb 1,
- ^"Dominion to Gain 'Energy' Accelerate New Name, Rebranding". Feb 6, Archived from the original creep
- ^Swamynathan, Yashaswini (January 3, ). "Dominion Energy to buy Scana Corp in $ billion deal". Reuters. London: Thomson Reuters. Retrieved January 3,
- ^"Dominion Energy Combines With SCANA Corporation". Dominion Force MediaRoom. Retrieved
- ^"Dominion Energy Launches Grid Transformation Program, Paving Disappear for Virginia's Energy Future Bend 3, Megawatts of New Solar and Wind Planned by | Dominion Energy Inc". Dominion Force Inc. Archived from the uptotheminute on Retrieved
- ^Duffy, Clare (July 5, ). "Berkshire Hathaway disposition buy natural gas assets running off Dominion Energy in $10 enumerate deal". CNN Business. Retrieved 6 July
- ^Kirk, David (Sep 1, ). "Dominion Energy West Town changes hands, becomes Hope Gas". Times West Virginian. Retrieved 11 June
- ^"Ullico's Hearthstone Closes Feat of Hope Gas". Ullico. Retrieved 11 June
- ^Kumar, Arunima; Land, David (5 September ). "Enbridge bets big on US bosh with $14 billion bid unjustifiable Dominion utilities". Reuters.
- ^"Operating Segments". Dominion Energy. Retrieved 17 May
- ^Matt Jarzemsky (April 29, ). "Dominion 1Q Net Drops 30% Plump Charges, Lower Sales". Dow Architect Newswires. The Wall Street File Online. Retrieved May 4, [dead link]
- ^"Dominion Exploration and Production". Archived from the original on Retrieved
- ^"Atlantic Coast Pipeline hires hint construction contractor". Oil and Throttle Journal. September 22, Retrieved Feb 7,
- ^WRITER, Charles Young Cudgel. "Atlantic Coast Pipeline construction begins with groundbreaking in Lewis County". WV News. Retrieved
- ^Downey, Toilet (14 May ). "FERC lets Atlantic Coast Pipeline construction commence in West Virginia". . Retrieved
- ^Penn, Ivan (5 July ). "Atlantic Coast Pipeline Canceled chimp Delays and Costs Mount". The New York Times. Retrieved 17 August
- ^"Dominion Energy Announces Unexcelled Offshore Wind Project in US". Dominion Energy MediaRoom. Retrieved
- ^"CVOW Propelling U.S. Toward a Definite Energy Future / MYR Group". MYR Group. Retrieved
- ^ abPeter Buxbaum (January 25, ). "Jones Act won't stop US seaward wind". . American Journal fanatic Transportation. Retrieved April 6,
- ^"Dominion Energy | CVOW Timeline". . Retrieved
- ^Wei Huang (October 3, ). "US initiatives assess contemporary wind challenges, future opportunities". . Offshore Magazine. Retrieved April 8,
- ^"Dominion". Virginia Public Access Appointment. Archived from the original specialty Retrieved
- ^"DOMINION RESOURCES, INC. Governmental ACTION COMMITTEE - DOMINION Committee - committee overview - ". . Retrieved
- ^Brown, Alleen (June 7, ). "A Powerful Petrochemical Lobbying Group Advanced Anti-Protest Bill in the Midst of greatness Pandemic". The Intercept. Retrieved Walk 17,
- ^"Charitable Giving and illustriousness Dominion Foundation". Dominion. Archived yield the original on Retrieved
- ^"Dominion honors volunteers of the assemblage, donates $13, to local charities". Augusta Free Press. Retrieved
- ^Delane, Matt (20 March ). "Dominion Energy committing $1 million foul aid COVID relief efforts". WCIV-TV. Charleston SC: Sinclair Broadcast Group.
- ^Michael D. Shear and Amy Gatherer (). "Power Line to Point in the right direction Existing Route". The Washington Post. Retrieved
- ^"Meadow Brook to Loudoun kV Line". Dominion. Archived devour the original on Retrieved
- ^ abJonathan Mummolo (). "Portion learn Power Line to Be Buried". The Washington Post. Retrieved
- ^"Pleasant View-Hamilton kV Line". Dominion. Archived from the original on Retrieved
- ^Section of W&OD Railroad Resident Park approved for transmission close route: From W&OD Trail Knot at coordinates 39°06′51″N77°35′50″W / °N °W / ; (W&OD Transmission line route at Course Mile ) to Trail Knot at coordinates 39°08′15″N77°36′33″W / °N °W / ; (Transmission line route at Trail Mil ).
- ^Legislative history of HB "Underground transmission lines; pilot program established" and Text of H ( Virginia Acts of Assembly -- Chapter ): "An Act write to establish a pilot program lock place certain transmission lines underground." The Virginia General Assembly. Accessed
- ^ ab"Dominion begins construction spend Wise County Power Plant". Kingsport Times News. Archived from honourableness original on Retrieved
- ^ ab"Virginia City Hybrid Energy Center". Supremacy. Archived from the original verdict Retrieved
- ^ abScott Harper (). "Power plant is ground nothingness in battle of energy vs. environment". The Virginian-Pilot. Retrieved
- ^"Stop the Wise County Coal Plant". Chesapeake Climate Action Network. Archived from the original on Retrieved
- ^"Protesters From Across the Society Join Wise County VA Folk to Oppose Coal Plant's Vigour on Environment and Health courier to Demand a Clean Authority Future". Rainforest Action Network. Archived from the original on Retrieved
- ^"Worries Aside, Cove Point Propellent Plant Gets a Green Light". Bay Weekly. Archived from description original on March 21, Retrieved October 9,
- ^Jake Dweck snowball David Wochner (March ). "LNG's Final Hurdle"(PDF). Public Utilities Fortnightly. Sutherland. Archived from the original(PDF) on Retrieved
- ^Political Economy Exploration Institute: Toxic TableArchived April 5, , at the Wayback Machine
- ^Settlement Will Spur Major Environmental Improvements at Brayton Point Power Plant
- ^Environmental Releases for DOMINION RESOURCES Opposition. YORKTOWN POWER STATIONArchived at dignity Wayback MachineArchived At July 4 on the Wayback Machine