Dominion Resources says it will install 2,500 solar panels at a Capital One Financial Corp. project in Virginia with the eventual capacity of 500 kilowatts, as well as purchasing two solar energy projects from EDF Renewable Energy in California totalling 42 megawatts, the Richmond Times-Dispatch reports.
Natural gas pipelines and terminals are big capital investment projects that are a natural fit for utilities, and the announcement from Duke Energy and Dominion Resources this week that they were joining the project to build the Atlantic Coast Pipeline could be the start of a trend, E&E reports.
NEW YORK (AP) — Dominion Resources, Duke Energy and other partners are proposing a $5 billion natural gas pipeline to connect the Southeast with the prodigious supplies of natural gas being produced in Pennsylvania, Ohio and West Virginia.
Gas is being relied upon to generate more of the nation's electricity in recent years because enormous new domestic supplies have drastically lowered its price and because natural gas burns cleaner than the nation's other most important fuel for electric power, coal.
A county ordinance exempting Dominion Resources’ proposed Cove Point LNG export terminal from zoning laws violates the Maryland’s constitution, according to a ruling from Judge James Salmon, The Associated Press reports.
WASHINGTON (AP) — Federal regulators concluded Thursday that Dominion Energy's proposal to export liquefied natural gas from its Cove Point terminal on the Chesapeake Bay in Maryland would pose "no significant impact" on the environment — a positive step for the company.
The environmental assessment by the Federal Energy Regulatory Commission staff is a recommendation to the commission, which will decide whether the $3.8 billion project can go forward. Other permits are also required.
"The adverse cumulative impacts that could occur in conjunction with the project would be temporary and minor," the FERC staff said.
RICHMOND, Va. (AP) — Dominion Resources Inc. said Wednesday that its first-quarter profit fell more than 23 percent on costs related to the repositioning of its producer-services business despite higher electricity sales.
The Richmond, Va., energy provider posted earnings of $379 million, or 65 cents per share, for the period ended March 31. That's down from $495 million, or 86 cents per share, a year ago.
Market analysts suggest Dominion Resources' decision last week to withdraw from the retail electricity business may signal a trend where larger companies yield to financial pressures and exit competitive electricity markets, E&E reports.
Coming from different sides of the issue, environmentalists and a number of states presented arguments in the U.S. Court of Appeals for the District of Columbia Circuit against the Environmental Protection Agency’s designation of areas that do and don’t meet its 2008 ozone rule, E&E reports.
Tom Steyer is closing in on the $50 million he promised to put into his NextGen Climate PAC in the 2014 election cycle, as the $15 million he added in September – reflected in Federal Election Commission records – brings his total to some $41 million, The Hill reports.
Minnesota Democrats Sen. Al Franken and Rep. Collin Peterson, as well as Michigan Senatorial candidate Rep. Gary Peters, are getting support from ads being run by Fuels America, a biofuels group, which is also lending its support to Rep. Lee Terry, R-Neb., The Hill reports.
If oil prices dropped to less than $80 a barrel, a third of U.S. production of shale oil would no longer be economically viable, an analyst told Bloomberg, which reports that such a major development would change the global energy picture.
A bigger-than-expected increase in Chinese quarterly gross domestic product numbers sent oil prices higher Tuesday. West Texas Intermediate crude for November delivery rose 10 cents as the contract expired, to $82.81 a barrel on the Nymex, while in London December Brent jumped 1 percent, or 82 cents, to $86.22, Bloomberg reports.
Crestwood Midstream Partners says it will start seeking binding contracts in November for its proposed 30-mile MARC II natural gas pipeline in New England, having attracted nonbinding commitments for 700 million cubic feet per day already, FuelFix reports.
California’s big agricultural firms produce almonds, pistachios, melons and tomatoes in the Westlands district with irrigation despite the state’s crippling drought, but they buy and import huge quantities of water to do it, the Los Angeles Times reports.
Russia and the crisis over Ukraine, the fallout from the Fukushima nuclear disaster and the advent of cheap shale gas are some of the challenges facing European Union leaders as they meet in a summit to discuss climate change issues later this week, The New York Times reports.