Dominion is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 28,200 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.
CEO: Thomas F. Farrell II; Revenues: $15.2 billion (2011); Employees: 15,800 (2011)
Statements on Climate Change
“We need a coherent energy strategy that serves as a reliable roadmap for achieving a secure and sustainable future for America. This strategy needs to be comprehensive, workable and understandable. It needs to address both sides of the energy equation – the way industry supplies energy and the way consumers use it. It needs to provide more funding for research and development and technological innovation to make our energy sources cleaner and more efficient. It must ensure that we have an affordable, diverse and reliable supply of energy capable of sustaining economic growth while also addressing climate change and other environmental concerns.” Thomas F. Farrell II, Chairman, President & CEO, Dominion
Climate Change Targets
Since 2000, Dominion has tracked carbon dioxide (CO2) emissions of our electric generation fleet. The electric generation fleet employs a mix of fuel and renewable energy sources. Comparing 2000 to 2010, Dominion’s electric generating fleet reduced its average CO2 emissions rate per MWh of energy produced from electric generation by about 21%. During this period, the capacity of Dominion’s electric generation fleet has grown.
Dominion has an integrated strategy, which has reduced its GHG intensity and is expected to further reduce it. This strategy is based on maintaining a diverse fuel mix, including nuclear, coal, gas, hydro and renewable energy, investing in renewable energy projects, increasing the efficiency of its existing generating facilities and promoting energy conservation and efficiency efforts.
By 2015, Dominion will have made system-wide cuts in acid-rain-producing sulfur dioxide (SO2) emissions averaging 80 percent. Nitrogen oxide (NO2) emissions, which contribute to ozone pollution, will have declined by 79 percent; and mercury emissions, will have fallen by 84 percent from 1998 emissions levels. By 2020, when all of EPA’s new rules are expected to be in effect, the company projects even greater emissions reduction totals – approximately 88 percent for mercury, 85 percent for SO2, and 83 percent for NOx.
Climate and Energy Strategies
Technology Solutions (C2ES's Climate Techbook Factsheets)
Dominion Company Web Site, Dominion 2010/2011 Dimensions Citizen & Sustainability Report, Dominion Dimensions Citizen & Sustainability Report Environment Focus Area