Dominion Energy is preparing to file its largest clean energy submission to date as part of Virginia’s triennial review process, totaling $1.5 billion in investment, CEO Robert Blue said on the utility’s second quarter earnings call Friday.
The filing, due later this month, will include up to 1,100 MW of solar, either owned by the utility or through power purchase agreements and 100 MW of battery storage, on top of the utility’s existing investments in offshore wind generation in the state, Blue said. Separately, Dominion recently filed the second phase of its grid transformation plans with Virginia regulators for the years 2022 and 2023, including $669 million in capital investment to facilitate new distributed energy resources.
Blue also commented on the decision last month to terminate a planned sale of Dominion’s Questar Pipeline natural gas infrastructure assets to Berkshire Hathaway Energy. Speaking to investors, Blue said that ending the deal was the “logical outcome,” given circumstances around the transaction, including uncertainty about the Federal Trade Commission’s approval.