Virginia
Dominion told Virginia regulators it is undecided about whether to pursue an FRR or remain in the PJM capacity market, where new self-supply resources would be subject to the MOPR.
Dominion Energy saw little load impact from the COVID-19 pandemic in the first quarter, but earnings were hurt by an abnormally warm winter season.
Virginia Gov. Ralph Northam signed landmark legislation committing the state to closing most of its coal-fired generation by 2024 and adopting a 100% clean energy standard.
The need for gas peakers and electric transmission and the increasing popularity of hybrid storage projects were recurrent topics at the ACORE Policy Forum.
A PJM task force considering carbon pricing continued its education sessions with an analysis on the impact of Virginia and Pennsylvania joining RGGI.
A PJM official urged officials to embrace carbon pricing rather than exit the capacity market in response to FERC expanding the minimum offer price rule.
Virginia legislators announced a bipartisan bill that would end the electric market monopoly, allowing consumers to choose their electric provider.
Dominion Energy called off its solicitation for a 1,500-MW peaking plant, just days after LS Power asked Virginia officials to intervene in the process.
LS Power is urging Virginia officials to intervene in Dominion Energy’s solicitation for a 1,500-MW peaking plant, saying the process stifles competition.
Dominion Energy proposed the largest offshore wind project in the U.S. on the heels of Virginia’s policy turn toward clean energy.
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