Dominion’s Virginia utility drops to only 19% coal in 2020

Dominion (NYSE:D) utility subsidiary Virginia Electric Power Co. (VEPCO) is in the process of cutting its percentage of coal-fired generation by more than half between 2004 and 2020.

The regulated Virginia utility got 41% of its power from coal in 2004, including generation from the Mount Storm coal plant in West Virginia, a Dominion spokesperson told GenerationHub on March 30.

By 2020, the regulated utility will get only 19% of its power supply from coal, according to the March 29 Virginia State Corporation Commission (SCC) order approving a certificate for the planned 1,600-MW Greensville County natural gas plant.

Greensville County is the latest of several gas-fueled power plants being built by the Dominion utility while it is also retiring much of its existing coal-fired generation.

By 2020, natural gas generation is expected to make up approximately 39% of the Virginia utility’s energy mix, with nuclear at 30%, coal at 19%, and the balance being provided by renewable generation, contracts with non-utility generators (NUGs), market purchases, and demand-side management, the SCC said.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.