RICHMOND, Va., March 26, 2015 /PRNewswire/ -- Dominion
Virginia Power today announced the company is proposing to
build an approximately 1600-megawatt, natural gas-fueled power
station in Greensville County. The
station, which would cost more than $1
billion, would be a combined-cycle facility consisting of
three gas-fired combustion turbines and a steam turbine designed to
generate enough power for 400,000 typical homes at peak demand.
"We are proposing to construct the largest and most efficient
natural-gas fueled power station in Virginia to bring our customers reliable,
low-cost energy," said David
Christian, chief executive officer for Dominion
Generation.
Pending regulatory approval, the station would create more than
1,000 jobs at the peak of construction and be operational in 2019
to meet projected demand growth. When operational, the station will
have about 45 full-time employees.
"This project is another great step toward the clean energy
portfolio we need to build a new Virginia economy," said Virginia Gov. Terry
McAuliffe. "This plant will offer clean, reliable and
low-cost energy to Virginia homes
and businesses and at the same time, the jobs and tax revenue
generated will be a positive boost for Greensville County and all of Southside Virginia."
In its first year of operation, the station is expected to
provide as much as $8 million in
property taxes.
The company plans to submit its application for a Certificate of
Public Convenience and Necessity to the State Corporation
Commission in July. Construction would begin in mid- 2016, subject
to SCC and environmental approvals. To learn more about Dominion's
generating facilities, visit
https://www.dom.com/corporate/what-we-do/electricity/generation.
"We are very pleased to have been selected for the site of this
project and welcome Dominion to our county," said Peggy R. Wiley, chair of the Greensville County Board of Supervisors. "We
look forward to the continued growth and development of the county
through this partnership with Dominion."
The company selected the site for development because of its
proximity to transmission and natural gas lines, water supply,
railroads and major highways.
The station would be served by a Williams' Transco natural gas
line that is being extended to the site and the proposed Atlantic
Coast Pipeline (ACP) that will cross the station property
when that pipeline is built. This will improve
operational reliability by providing flexibility and redundancy in
procuring the station's fuel supply. The ACP will be critical
to providing reliability, infrastructure, fuel supply diversity and
helping to keep fuel costs low not only for this plant but the
entire generation fleet.
The 1,143-acre site straddles the Greensville/Brunswick County line with 740 acres in
Greensville County.
The company already has filed the necessary zoning permit
applications with both jurisdictions. The applications also seek to
have the site approved for the construction of a future large-scale
solar project.
In November 2014, Dominion issued
a request for proposals (RFP) to begin delivery of electricity in
the 2019/2020 timeframe. This is to support Dominion's
generation needs as presented in the company's Integrated Resource
Plan. After a thorough and objective evaluation of those
proposals, this power station in Greensville County was selected as the option
most beneficial to customers.
Dominion is currently building a 1,300 megawatt combined-cycle
power station just 4.5 miles away in Brunswick County that is about 58 percent
complete. For more information on that project visit
https://www.dom.com/corporate/what-we-do/electricity/generation/fossil-fueled-power-stations/brunswick-county-power-station.
Dominion (NYSE: D) is one of the nation's largest producers and
transporters of energy, with a portfolio of approximately 24,600
megawatts of generation, 12,400 miles of natural gas transmission,
gathering and storage pipeline, and 6,455 miles of electric
transmission lines. Dominion operates one of the nation's
largest natural gas storage systems with 949 billion cubic feet of
storage capacity and serves utility and retail energy customers in
12 states. For more information about Dominion, visit the company's
website at www.dom.com.
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visit:http://www.prnewswire.com/news-releases/dominion-selects-greensville-county-for-site-of-new-power-station-300056318.html
SOURCE Dominion Virginia Power