Presentation is loading. Please wait.

Presentation is loading. Please wait.

The Future of Energy in Virginia

Similar presentations


Presentation on theme: "The Future of Energy in Virginia"— Presentation transcript:

1 The Future of Energy in Virginia
Virginia Municipal League 2018 Annual Conference Hampton, Virginia

2 Your Panelists Katharine Bond Dominion Energy
Ron Jefferson Appalachian Power Co. Tyson Utt Apex Clean Energy John Warren Virginia Department of Mines, Minerals and Energy Preston Bryant McGuireWoods Consulting Moderator

3 Our Goals Today What’s the current state of Virginia energy?
How do Dominion Energy and Appalachian Energy plan for the future? What role does state government plan in energy planning? How do private-sector energy developers – especially of wind and solar – plan and execute projects? What will conventional and renewable energy in Virginia look like in 5, 10, 15 years? What should excite or worry local governments about Virginia’s energy future?

4 Virginia Energy in 2018 Electricity Generation – Sources Natural Gas 52% Nuclear 28% Coal 11% Renewables 8% Hydro Electric 2% Petroleum % (2016 figures)

5 Virginia Energy in 2018 Energy Generation power plants in Virginia Coal, nuclear, biomass, hydro, natural gas, solar, wind, wood, geothermal, petroleum, other

6 Virginia Energy in 2018 Electricity Consumption – End Use Residential Electricity delivers 58% of all energy to residential sector Commercial Electricity delivers 61% of all energy to commercial sector Industrial Electricity delivers 19% of all energy to industrial sector; natural gas also is heavily used in industrial sector Transportation is the largest user of energy in Virginia; residential and commercial use about equal amounts of energy; industrial uses slightly less.

7 Virginia Energy in 2018 Dominion Energy – Energy Generation
coal, nuclear, natural gas, biomass, pumped storage, hydro, solar, other 18,265 MW Appalachian Power – Energy Generation coal, natural gas, hydro, pumped storage, wind, other 6,958 MW

8 Virginia Energy in 2018 Virginia’s energy consumption is 2.5 times greater than the state’s energy production Virginia imports from other states about 55% of total energy used

9 Virginia Energy in 2018 Renewable Energy
solar, wind, geothermal, wood, other Solar power is growing dramatically Current capacity is about 700 MW (enough to power about 70,000 homes) In 2017, Dominion Energy accounted for more than half of new solar generation Solar capacity may triple in next 5 years Wind power is in early stages of development – land and offshore First utility-scale wind project (80 MW) has been permitted (Botetourt Co.) Offshore wind demonstration project is being planned (Dominion Energy and Ørsted) — two 6 MW wind turbines to be built 27 miles off Virginia Beach

10 Virginia Population Growth
Current population 8.48 million (2018) Population growth million (2040); will be 10th largest state Population trends Most extraordinary growth will be in NoVa – Loudoun, Fairfax, Prince William; population will increasingly grow to the NW – Frederick, Clarke, Warren Greater Richmond will grow – Chesterfield, Henrico, Hanover, Goochland, Powhatan, Cumberland, Buckingham Northern Neck will remain relatively steady Peninsula will see slight to moderate growth Southside will be steady with modest losses Greater Roanoke will grow – Roanoke, Montgomery, Botetourt Southwest will see modest declines (Source: Weldon Cooper Center for Public Service, June 2017, as interpreted)

11 Energy Planning What is an Integrated Resource Plan (IRP)?
Filed annually with the State Corporation Commission How does Appalachian Power Co. prepare its IRP? How does Dominion Energy prepare its IRP? How do private-sector renewable energy developers use utilities’ IRPs? What role does state government play in IRPs?

12 Energy Planning What is state government’s role in energy planning?
How do Appalachian Power and Dominion Energy plan for the future? How do renewable energy developers plan for the future? How do major utilities and private-sector developers engage local governments in energy planning? How do state energy planners engage local governments?

13 The Grid Transformation and Security Act (2018)
What is the Grid Transformation and Security Act? Investments in the grid, renewables, energy efficiency, consumer protections and relief How is it currently driving Dominion Energy, Appalachian Power, and renewable developers’ energy planning decisions? How will it impact local governments? Energy, broadband, economic development

14 The Future of Energy in Virginia —Looking ahead 5, 10, 15+ years
What’s the future of coal-fired power? What’s the future of nuclear power? What’s the future of natural gas power? What’s the future of renewable energy? What emphasis will be put on energy efficiency and conservation?

15 The Future of Energy in Virginia —Looking ahead 5, 10, 15+ years
What will Appalachian Power’s energy portfolio look like in 15 years? What will Dominion Energy’s energy portfolio look like in 15 years? What will the renewable energy landscape look like in 15 years? What, from a policy perspective, does Virginia need to do to better facilitate energy growth?

16 The Future of Energy in Virginia
What should excite local governments about Virginia’s energy future? What should local governments worry about regarding Virginia’s energy future?

17 Questions & Answers


Download ppt "The Future of Energy in Virginia"

Similar presentations


Ads by Google