vault backup: 2025-06-18 17:47:10
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@ -98,6 +98,17 @@ Carolina (regulated).
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### What does their strategic plan say?
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### What does their strategic plan say?
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Dominion Energy's Integrated Resource Plan says that their primary goal
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Dominion Energy's Integrated Resource Plan says that their primary goal
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is to increase energy production in their service area with an anticipation
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is to increase energy production in their service area with an anticipation
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of completion of their offshore wind farm
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of completion of their offshore wind farm. They anticipate that energy
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consumption will increase in the near-term, while importing power from
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other providers in the PJM interconnection will become prohibitively
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expensive
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### What are the major risks or challenges they face in the next 10 years?
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### What are the major risks or challenges they face in the next 10 years?
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Dominion's biggest challenges are likely the expecpted scarcity of power on
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the PJM interconnect if generation does not greatly increase. With the AI boom
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looking to drastically change power consumption, those without large power
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projects may end up behind the ball and have to purchase power from other
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areas on the interconnect. This can quickly become very expensive, and with
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operating in some regulated areas, Dominion might have some trouble in
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dealing with the state to negotiate appropriate rates if there is a sharp
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increase in cost.
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