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Personal/NUCE_2122_HW2.md
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@ -98,6 +98,17 @@ Carolina (regulated).
### What does their strategic plan say?
Dominion Energy's Integrated Resource Plan says that their primary goal
is to increase energy production in their service area with an anticipation
of completion of their offshore wind farm
of completion of their offshore wind farm. They anticipate that energy
consumption will increase in the near-term, while importing power from
other providers in the PJM interconnection will become prohibitively
expensive
### What are the major risks or challenges they face in the next 10 years?
Dominion's biggest challenges are likely the expecpted scarcity of power on
the PJM interconnect if generation does not greatly increase. With the AI boom
looking to drastically change power consumption, those without large power
projects may end up behind the ball and have to purchase power from other
areas on the interconnect. This can quickly become very expensive, and with
operating in some regulated areas, Dominion might have some trouble in
dealing with the state to negotiate appropriate rates if there is a sharp
increase in cost.