Virginia
The Virginia SCC approved a smaller rate request than Dominion Energy asked for, but it also approved its plan to set up a new rate class for large customers and new natural gas units to meet rising demand.
Pennsylvania has withdrawn from the Regional Greenhouse Gas Initiative as part of an overdue budget compromise signed by Gov. Josh Shapiro.
Democrats won elections in Virginia and Georgia that have implications for energy policy: offshore wind and data centers in Virginia and affordability in both.
Dominion Energy reported demand growth from data centers in its territory and that its CVOW offshore wind project was more than halfway complete on its second quarter earnings call.
The Virginia SCC ordered changes to Dominion's IRP filings, requiring scenarios that meet state clean energy goals and have an increased level of storage, efficiency and demand-side management.
Dominion Energy reported that Coastal Virginia Offshore Wind has already seen slight cost impacts from President Trump's tariffs, which could grow as the project is still on track for completion in 2026.
Dominion Energy Virginia asked for its first base rate increase since 1992 in the face of inflation and load growth in its territory.
Dominion Energy reported that its Coastal Virginia Offshore Wind project will cost 9% more than initially expected, thanks to higher-than-expected PJM network upgrade costs.
Virginia legislators introduced a series of bills they hope to pass in a short session this year aimed at addressing demand growth from data centers through cost allocation of utility rates, increased transparency in planning and tying tax incentives to efficiency requirements.
Two companies developing advanced nuclear technology made landmark announcements about their plans.
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