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Dominion Energy’s big power plans!

Earlier this week, Dominion Energy Virginia made two major announcements supporting the company’s future investments. On Tuesday (October 15), the company released its 2024 Integrated Resource Plan (IRP) with the Virginia State Corporation Commission (SCC) and the North Carolina Utilities Commission (NCUC). The plan calls for the build out of about 20 gigawatts (GW) of renewable energy/storage projects, 1 GW of small modular nuclear reactors (SMR), and 6 GW of natural gas generation – all by 2039. On Wednesday, the company and Amazon announced they have entered a Memorandum of Understanding (MOU) to explore innovative new development structures that would help advance potential SMR nuclear development in Virginia. The state is home to more than 230 data centers and more than 60 data providers, putting it far ahead of the other 49 states.

Comprehensive long-term plan announcement: https://lnkd.in/dqVv7XV7

Dominion Energy Virginia and Amazon MOU announcement: https://lnkd.in/dsFTVEFv
 

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