May 31, 2012
FRONT ROYAL, Va. – Dominion Virginia Power officially broke ground today for its Warren County Power Station, which will help meet the growing demand for electricity from the company’s 2.4 million customers with low-cost natural gas.
Virginia Lt. Gov. Bill Bolling and local leaders joined Dominion Generation CEO David Christian and officials with the Zachry/Burns & McDonnell consortium that is building the $1.1 billion, 1,300-megawatt power station at an industrial park north of Front Royal.
The company projects that the power station will save its customers more than $100 million in fuel costs in its first year of operation. Construction commenced in early March and the station is scheduled to begin commercial operation in late 2014. At the height of construction, up to 800 workers will be on site. The operating station would require about 30 employees.
Dominion is building the power station in close proximity to Northern Virginia, which is a growing, high-demand region in the company's service area. It would supply enough electricity for 325,000 homes at peak demand. Dominion is projected to need 4,000 megawatts of additional electricity by 2022 to meet the peak demand from its customers.
Dominion Virginia Power is a subsidiary of Dominion (NYSE: D), one of the nation's largest producers and transporters of energy, with a portfolio of approximately 27,500 megawatts of generation, 11,000 miles of natural gas transmission, gathering and storage pipeline and 6,300 miles of electric transmission lines. Dominion operates the nation's largest natural gas storage system with 947 billion cubic feet of storage capacity and serves retail energy customers in 15 states. For more information about Dominion, visit the company's website at www.dom.com.
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Virginia Lt. Gov. Bill Bolling speaks today at the groundbreaking ceremony for Dominion Virginia Power’s newest power station in Warren County. Listening are (L-R) Dominion Generation CEO David Christian and Warren County Administrator Doug Stanley.
For further information: Jim Norvelle, (804) 771-6115, Jim.Norvelle@dom.com