Category: Energy
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Will Dominion Fool Us Again with SMR Cost Bill?
By Steve Haner Fool me once, shame on you. Fool me twice, shame on me. A utility-backed bill to stick electricity ratepayers with the high-risk costs of developing small (modular) nuclear reactors, approved by a Senate committee Friday, is a “fool me twice” example. Shame on the General Assembly if it falls for it.
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Rare SCC Deadlock Sinks Dominion’s Energy Plan
By Steve Haner The year long debate over Dominion Energy Virginia’s proposed integrated resource plan, which threw climate catastrophe activists into a frenzy because it added a new natural gas plant, is ending with no decision. Two State Corporation Commission judges split on whether to approve it, basically a win for the anti-fossil fuel forces.…
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NJ Greenmailed Into Massive Wind Energy Costs
By Steve Haner New Jersey just agreed to two ocean wind projects with astronomical guaranteed power prices. The price demanded and received by independent competitive suppliers shows there is at least some upside to the utility-owned, captive ratepayer-financed model behind Dominion Energy Virginia’s massive offshore wind facility. In late 2023 the news was full of…
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The Aggressive Progressive Democratic Agenda
By Steve Haner The Democrats now running Virginia’s General Assembly are not just more progressive, but far more ambitious than their predecessors. To fully understand how ambitious you must compile the entire list of progressive bills advancing in the 2024 session and consider their total impact on the cost of living and cost of doing…
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Great Judges Can’t Fix Bad Energy Laws
By Steve Haner The General Assembly has now filled the two open seats at the State Corporation Commission (SCC), ending two years of gridlock. Unfortunately, the same legislators, on both sides of the aisle, are still working overtime to dictate and micromanage the state’s energy policy, reducing the discretion and authority of the independent, non-partisan…
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Will Democrats Revisit Virginia Net Zero Laws?
By Steve Haner For the third year in a row, Democrats in the Virginia Senate have shot down an effort to divorce Virginia’s auto dealers from California’s impending mandates on electric vehicle sales. But before the predetermined vote went down, the new chair of the committee made a surprise announcement that he and his colleagues…
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Thank Coal, Gas for Your Warm House Today
By Steve Haner Good morning, Virginia. Your lights and heat are on, and you can thank coal and natural gas. Here are the 8 a.m. charts from PJM’s website, which you can check periodically today as the winter weather closes in. Those fuels were providing more than 66% of our electricity, with nuclear providing almost…
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As Dominion and APCO $oar, NOVEC Drops Rates
By Steve Haner The major “rural” electric cooperative serving very urban Northern Virginia is drastically lowering its rates as of this month, because the cost it is paying for bulk power purchases has dropped. The contrast with what is happening with Virginia’s two major investor-owned electric companies may be telling Virginia something if anybody wants…
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SCC Examiner Says No to Dominion Gas Plans
By Steve Haner A hearing examiner at the Virginia State Corporation Commission has recommended rejection of Dominion Virginia Energy’s plan to maintain and add to its fleet of fossil fuel generators. It failed to overcome the presumption in state law that all such plants must go away, she wrote. In her extensive report following the…
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Virginia’s Final (Maybe) RGGI Tax Grab: $97M
by Steve Haner Virginia has participated in its final (for a while anyway) Regional Greenhouse Gas Initiative auction and the proceeds on the carbon tax set a new record, with Virginia collecting more than $97 million in one swoop. The total carbon tax take for the state is just under $828 million in three years.…
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Virginia Beach Nixes Kitty Hawk Wind Cables
by Steve Haner The political leaders of the City of Virginia Beach have informed an offshore wind developer that they oppose its plan to bring power cables ashore at Sandbridge Beach. No formal vote was taken on the application, however, according to media reports. The story appeared in The Virginian-Pilot and on local television station…
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Excess Profits Squeezed Out From Dominion Rates
By Steve Haner The long struggle to prevent Dominion Energy Virginia from earning excess profits in its base rates year after year appears to be over and consumers finally won. That is the main takeaway as the first general review of its base rates since the 2023 regulatory re-write is moving toward a quick settlement.…
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Dominion Wind May Be Sued, Hikes Customer Bills
by Steve Haner Two national activist groups on energy and environmental issues, both with connections to Virginia, have taken the first legal steps to challenge the recent federal approvals for Virginia’s planned offshore wind complex. Most of what follows is directly from their announcement dated November 14. The Heartland Institute and the Committee for a Constructive…
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Court Blocks Pennsylvania from Joining RGGI
by Steve Haner A state court in Pennsylvania has ruled that the regulatory decision to enroll that state in the Regional Greenhouse Gas Initiative (RGGI) exceeded the authority of state regulators. It ruled RGGI is a tax that could only be lawfully imposed by the legislature. It was the Republican majority in one of the…
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Dominion’s Wind Project Wins Federal Approval
The Biden Administration’s Bureau of Ocean Energy Management (BOEM) has issued final approval for the construction of Dominion Energy Virginia’s Coastal Virginia Offshore Wind project. Here is the release. A few more steps remain and should be completed by late January, according to BOEM. The announcement, fully expected since all previous U.S. projects have been…