RICHMOND, Va., March 26, 2015 /PRNewswire/ -- Dominion Virginia Power today announced the company is proposing to build an approximately 1600-megawatt, natural gas-fueled power station in Greensville County. The station, which would cost more than $1 billion, would be a combined-cycle facility consisting of three gas-fired combustion turbines and a steam turbine designed to generate enough power for 400,000 typical homes at peak demand.
"We are proposing to construct the largest and most efficient natural-gas fueled power station in Virginia to bring our customers reliable, low-cost energy," said David Christian, chief executive officer for Dominion Generation.
Pending regulatory approval, the station would create more than 1,000 jobs at the peak of construction and be operational in 2019 to meet projected demand growth. When operational, the station will have about 45 full-time employees.
"This project is another great step toward the clean energy portfolio we need to build a new Virginia economy," said Virginia Gov. Terry McAuliffe. "This plant will offer clean, reliable and low-cost energy to Virginia homes and businesses and at the same time, the jobs and tax revenue generated will be a positive boost for Greensville County and all of Southside Virginia."
In its first year of operation, the station is expected to provide as much as $8 million in property taxes.
The company plans to submit its application for a Certificate of Public Convenience and Necessity to the State Corporation Commission in July. Construction would begin in mid- 2016, subject to SCC and environmental approvals. To learn more about Dominion's generating facilities, visit https://www.dom.com/corporate/what-we-do/electricity/generation.
"We are very pleased to have been selected for the site of this project and welcome Dominion to our county," said Peggy R. Wiley, chair of the Greensville County Board of Supervisors. "We look forward to the continued growth and development of the county through this partnership with Dominion."
The company selected the site for development because of its proximity to transmission and natural gas lines, water supply, railroads and major highways.
The station would be served by a Williams' Transco natural gas line that is being extended to the site and the proposed Atlantic Coast Pipeline (ACP) that will cross the station property when that pipeline is built. This will improve operational reliability by providing flexibility and redundancy in procuring the station's fuel supply. The ACP will be critical to providing reliability, infrastructure, fuel supply diversity and helping to keep fuel costs low not only for this plant but the entire generation fleet.
The 1,143-acre site straddles the Greensville/Brunswick County line with 740 acres in Greensville County.
The company already has filed the necessary zoning permit applications with both jurisdictions. The applications also seek to have the site approved for the construction of a future large-scale solar project.
In November 2014, Dominion issued a request for proposals (RFP) to begin delivery of electricity in the 2019/2020 timeframe. This is to support Dominion's generation needs as presented in the company's Integrated Resource Plan. After a thorough and objective evaluation of those proposals, this power station in Greensville County was selected as the option most beneficial to customers.
Dominion is currently building a 1,300 megawatt combined-cycle power station just 4.5 miles away in Brunswick County that is about 58 percent complete. For more information on that project visit https://www.dom.com/corporate/what-we-do/electricity/generation/fossil-fueled-power-stations/brunswick-county-power-station.
Dominion (NYSE: D) is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 24,600 megawatts of generation, 12,400 miles of natural gas transmission, gathering and storage pipeline, and 6,455 miles of electric transmission lines. Dominion operates one of the nation's largest natural gas storage systems with 949 billion cubic feet of storage capacity and serves utility and retail energy customers in 12 states. For more information about Dominion, visit the company's website at www.dom.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dominion-selects-greensville-county-for-site-of-new-power-station-300056318.html
SOURCE Dominion Virginia Power
For further information: David Botkins, (804) 771-6115, David.B.Botkins@dom.com; Dan Genest, (804) 771-6115, Dan.Genest@dom.com