RICHMOND, Va., June 21, 2016 /PRNewswire/ -- Dominion
Virginia Power has begun construction on its 1,588- megawatt
Greensville County Power Station, immediately after the Virginia
Air Pollution Control Board approved the station's air
permit.
The air permit issued on June
17th was the last regulatory hurdle the station
had to clear before it could start construction.
"This is terrific news for Dominion, its customers, the
Commonwealth, Greensville County
and all of Southside Virginia,"
said Paul Koonce, chief executive
officer for Dominion's Generation Group. "We are excited about the
task ahead and are looking forward to getting this state-of-the art
power station operating and providing energy to more than 400,000
customers by 2019."
The power station will be a major boost for the region's
economy. In its first year of operation, it is expected to provide
up to $8 million in property taxes
for Greensville County.
Post-construction economic benefits are projected to amount
to about $36 million annually, and
about 166 jobs will be supported, with roughly half of these in
Greensville County.
Over its expected 36 year life, the station will save Dominion
Virginia Power customers about $2
billion as a result of the company not having to purchase
power from market sources.
The Greensville County Power Station will be Dominion's second
major generation project in Southside. In April, the company
began generating electricity from its Brunswick County Power
Station. The 1,358-megawatt combined-cycle facility is located just
5 miles from the Greensville
site.
The seven-person air board voted 5-0 to approve the permit,
which has the strictest carbon limits in the nation. One member
abstained and another was absent.
"The Air Board has approved and the Virginia Department of
Environmental Quality has issued a very strict permit, which will
require that our station be one of the most efficient and
environmentally protective natural-gas fueled power stations in the
world," said Pamela F. Faggert,
Dominion's chief environmental officer and senior vice president
sustainability.
At the peak of construction, the Greensville station will have
more than 1,000 workers on site.
About Dominion Virginia Power
Dominion Virginia Power is a
subsidiary of Dominion (NYSE: D), one of the nation's largest
producers and transporters of energy. Dominion provides energy or
products and services to more than 5 million customers in 14
states. It has a portfolio of approximately 25,700 megawatts of
generation and 6,500 miles of electric transmission
lines. Dominion also operates one of the nation's largest
natural gas storage systems with 933 billion cubic feet of storage
capacity. For more information about Dominion, visit the company's
website at www.dom.com.
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SOURCE Dominion Virginia Power