RICHMOND, Va., July 1, 2015 /PRNewswire/ -- Dominion
Virginia Power today asked the Virginia State Corporate
Commission (SCC) for a Certificate of Public Convenience and
Necessity to build a $1.3 billion
state-of-the-art natural gas-fired power station in Greensville County.
If approved, the high-efficiency, combined-cycle station would
generate about 1,600 megawatts, enough electricity to power 400,000
typical homes during peak demand. Construction is scheduled to
begin next year pending SCC approval.
"Our analysis shows that over the life of this station our
customers should save more than $2
billion versus the projected cost for purchasing the same
amount of power for customers off the regional power grid," said
David Christian, chief executive
officer for Dominion Generation. "It will be highly efficient, low
cost and very reliable. It will also have excellent environmental
attributes and an extremely favorable location for fuel and
transmission service."
The station will have a low carbon intensity because it utilizes
clean burning natural gas, combined cycle technology and best
available control technology to reduce emissions. It will also have
lower water usage and a wastewater discharge plan that minimizes
the impact to rivers and streams.
Greensville Power Station is part of Dominion's plan for meeting
demanding new air quality and proposed carbon dioxide emissions
standards while keeping up with growing customer demand for energy.
When the station is online in 2019, it will be part of a diverse
portfolio that includes 400 megawatts of planned solar generation,
including zero carbon emission nuclear power.
The station's construction will create more than 1,000 jobs at
peak and approximately 45 full-time positions once on line. In its
first year of operation, the station is expected to provide as much
as $8 million in property taxes for
Greensville County in Southside Virginia.
Dominion Virginia Power, a
subsidiary of Dominion (NYSE: D). Dominion is one of the nation's
largest producers and transporters of energy, with a portfolio of
approximately 24,600 megawatts of generation and 6,455 miles of
electric transmission lines. Dominion operates one of the
nation's largest natural gas storage systems with 928 billion cubic
feet of storage capacity and serves utility and retail energy
customers in 13 states. For more information about Dominion, visit
the company's website at www.dom.com.
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SOURCE Dominion