by James A. Bacon
A recurring debate in Virginia’s push toward a net-zero electric grid has been whether demand for electricity in the Old Dominion will grow or shrink. Citing expansion of demand from data centers and electric vehicles, Dominion Energy has contended for years that demand for electricity would continue increasing at a steady rate. Environmentalists scoffed, saying that conservation measures would enable Virginians to meet aggressive goals to phase out fossil fuel plants and rely heavily upon solar and wind.
I highlighted this debate back in 2018 in this article. Dominion forecast a 1.4% annual increase in peak demand over the next 15 years.
“Actual electricity demand growth over the next several years will not come close to Dominion’s inflated 1.3% growth” as forecast in its 2017 IRP, wrote William Shobe, director of the Center for Economic Policy Studies at the University of Virginia. “Something like 0.5% to 0.7% is much more likely. And this is with data center demand.”
“It’s time for Dominion to change its model and assumptions to reflect reality—there is less load growth than predicted, and what load is coming to the Commonwealth comes from companies demanding renewable energy options,” said Will Cleveland with the Southern Environmental Law Center.
So, what’s the story nearly six years later? Here’s the headline from today’s Washington Post: “AI and the boom in clean-tech manufacturing are pushing America’s power grid to the brink. Utilities can’t keep up.” Continue reading