by David Wojick
Dominion Energy, Virginia’s big electric utility, is telling the state it does not foresee complying with the 2045 net zero power target in the Virginia Clean Economy Act (VCEA). The preferred option in Dominion’s latest Integrated Resources Plan (IRP) retires no fossil-fueled power generators, other than the few old ones that are already in the process of retirement. In fact, it adds a lot more fossil juice.
Up front in the IRP, Dominion puts it this way: “Due to an increasing load forecast, and the need for dispatchable generation, the Alternative Plans show additional natural-gas-fired resources and preserve existing carbon-emitting units beyond statutory retirement deadlines established in the VCEA. The law explicitly authorizes the Company to petition the SCC for relief from these requirements on the basis that the unit retirements would threaten the reliability or security of electric service to customers.”
So, in effect, this is a notice to Virginia’s utility regulator, the State Corporation Commission (SCC), that Dominion is prepared to petition for permission to not comply with the net zero power generation mandate in the VCEA. Continue reading