Tag: Dominion Energy

Study: AI and Data Centers Could Drive Cost of Energy Up by 70 Percent over 10 Years

The Center Square

The average American’s energy bill could increase from 25% to 70% in the next 10 years without intervention from policymakers, according to a new study from Washington, D.C.-based think tank the Jack Kemp Foundation.

According to reports, America is facing an energy crisis, with demand for energy soaring due to the proliferation of AI and hyperscale data centers, which can use as much energy as almost 40,000 homes;  the boom in advanced manufacturing, and the movement toward electrification.

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Administrations Lay Plans to One-Up America’s Largest Offshore Wind Farm

The Center Square
Offshore Wind Farm

Installation of the country’s largest offshore wind farm began in earnest just two months ago off the coast of Virginia, and the Biden administration announced Friday it will be auctioninganother even bigger wind energy lease sale off the coast of the commonwealth. 

Dominion Energy leased the approximately 113,000 acres that would become the site of the Coastal Virginia Offshore Wind project in 2013. After installing two pilot turbines in 2020, the utility began the installation of the rest of its 176 turbines in May.

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New Government Spending Will Benefit Top Biden Adviser’s Consulting Clients

Michigan Star Staff

White House Senior adviser Anita Dunn has consulted for companies and trade groups that have benefited or stand to benefit from federal funding and is being forced to recuse herself from matters involving them, according to a financial disclosure.

Dunn has consulted through the public affairs firm SKDK during the past two years for the likes of Pfizer, AT&T, Micron and the American Clean Power Association, according to a filing reported on by CNBC Friday. Dunn, who founded the SKDK in 2004, is recused from working on issues related to past clients, a spokesman for the White House told the Daily Caller News Foundation.

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Despite Supreme Court Win, Energy Companies Cancel $8 Billion Atlantic Coast Pipeline

The Associated Press

The developers of the long-delayed, $8 billion Atlantic Coast Pipeline announced the cancellation of the multi-state natural gas project Sunday, citing uncertainties about costs, permitting and litigation.

Despite a victory last month at the United States Supreme Court over a critical permit, Dominion Energy and Duke Energy said in a news release that “recent developments have created an unacceptable layer of uncertainty and anticipated delays” for the 600-mile project designed to cross West Virginia and Virginia into North Carolina.

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