Item 2. Properties
19K characters. Original on sec.gov · Markdown
Item 2. Properties
As of December 31, 2019, Dominion Energy owned its principal executive office in Richmond, Virginia and five other corporate offices. Dominion Energy also leases corporate offices in Richmond, Virginia and other cities in which its subsidiaries operate. Virginia Power and Dominion Energy Gas share Dominion Energy’s principal office in Richmond, Virginia, which is owned by Dominion Energy. In addition, Virginia Power leases certain buildings and equipment.
Dominion Energy’s assets consist primarily of its investments in its subsidiaries, the principal properties of which are described below.
Certain of Virginia Power’s properties are subject to the lien of the Indenture of Mortgage securing its First and Refunding Mortgage Bonds. There were no bonds outstanding as of December 31, 2019; however, by leaving the indenture open, Virginia Power expects to retain the flexibility to issue mortgage bonds in the future. Certain of Dominion Energy’s merchant generation facilities are also subject to liens. Additionally, DESC’s bond indenture, which secures its First Mortgage Bonds, constitutes a direct mortgage lien on substantially all of its electric utility property.
Dominion Energy Virginia
Virginia Power has approximately 6,700 miles of electric transmission lines of 69 kV or more located in North Carolina, Virginia and West Virginia. Portions of Virginia Power’s electric transmission lines cross national parks and forests under permits entitling the federal government to use, at specified charges, any surplus capacity that may exist in these lines. While Virginia Power owns and maintains its electric transmission facilities, they are a part of PJM, which coordinates the planning, operation, emergency assistance and exchange of capacity and energy for such facilities.
In addition, Virginia Power’s electric distribution network includes approximately 58,400 miles of distribution lines, exclusive of service level lines, in Virginia and North Carolina. The grants for most of its electric lines contain
rights-of-way
that have been obtained from the apparent owners of real estate, but underlying titles have not been examined. Where
rights-of-way
have not been obtained, they could be acquired from private owners by condemnation, if necessary. Many electric lines are on publicly-owned property, where permission to operate can be revoked. In addition, Virginia Power owns 471 substations.
The following tables list Virginia Power’s generating units and capability as of December 31, 2019.
| 37 |
Virginia Power Utility Generation
| Plant | Location | Net Summer Capability (MW) | Percentage Net Summer Capability | |||||||||
| Gas | ||||||||||||
| Greensville County (CC) | Greensville County, VA | 1,629 | ||||||||||
| Brunswick County (CC) | Brunswick County, VA | 1,376 | ||||||||||
| Warren County (CC) | Warren County, VA | 1,370 | ||||||||||
| Ladysmith (CT) | Ladysmith, VA | 783 | ||||||||||
| Bear Garden (CC) | Buckingham County, VA | 622 | ||||||||||
| Remington (CT) | Remington, VA | 622 | ||||||||||
| Possum Point (CC) (1) | Dumfries, VA | 573 | ||||||||||
| Chesterfield (CC) | Chester, VA | 392 | ||||||||||
| Elizabeth River (CT) | Chesapeake, VA | 330 | ||||||||||
| Gordonsville Energy (CC) | Gordonsville, VA | 218 | ||||||||||
| Gravel Neck (CT) | Surry, VA | 170 | ||||||||||
| Darbytown (CT) | Richmond, VA | 168 | ||||||||||
| Rosemary (CC) | Roanoke Rapids, NC | 160 | ||||||||||
| Total Gas | 8,413 | 40 | % | |||||||||
| Coal | ||||||||||||
| Mt. Storm | Mt. Storm, WV | 1,621 | ||||||||||
| Chesterfield | Chester, VA | 1,014 | ||||||||||
| Virginia City Hybrid Energy Center | Wise County, VA | 610 | ||||||||||
| Clover | Clover, VA | 439 | (2) | |||||||||
| Total Coal | 3,684 | 18 | ||||||||||
| Nuclear | ||||||||||||
| Surry | Surry, VA | 1,676 | ||||||||||
| North Anna | Mineral, VA | 1,672 | (3) | |||||||||
| Total Nuclear | 3,348 | 16 | ||||||||||
| Oil | ||||||||||||
| Yorktown | Yorktown, VA | 790 | ||||||||||
| Possum Point | Dumfries, VA | 770 | ||||||||||
| Gravel Neck (CT) | Surry, VA | 198 | ||||||||||
| Darbytown (CT) | Richmond, VA | 168 | ||||||||||
| Possum Point (CT) | Dumfries, VA | 72 | ||||||||||
| Low Moor (CT) | Covington, VA | 48 | ||||||||||
| Northern Neck (CT) | Lively, VA | 47 | ||||||||||
| Chesapeake (CT) | Chesapeake, VA | 39 | ||||||||||
| Total Oil | 2,132 | 10 | ||||||||||
| Hydro | ||||||||||||
| Bath County | Warm Springs, VA | 1,808 | (4) | |||||||||
| Gaston | Roanoke Rapids, NC | 220 | ||||||||||
| Roanoke Rapids | Roanoke Rapids, NC | 95 | ||||||||||
| Other | 1 | |||||||||||
| Total Hydro | 2,124 | 10 | ||||||||||
| Solar | ||||||||||||
| Colonial Trail West | Surry County, VA | 142 | ||||||||||
| Whitehouse Solar | Louisa County, VA | 20 | ||||||||||
| Woodland Solar | Isle of Wight County, VA | 19 | ||||||||||
| Scott Solar | Powhatan, VA | 17 | ||||||||||
| Total Solar | 198 | 1 | ||||||||||
| Biomass | ||||||||||||
| Altavista | Altavista, VA | 51 | ||||||||||
| Polyester | Hopewell, VA | 51 | ||||||||||
| Southampton | Southampton, VA | 51 | ||||||||||
| Total Biomass | 153 | 1 | ||||||||||
| Various | ||||||||||||
| Mt. Storm (CT) | Mt. Storm, WV | 11 | — | |||||||||
| 20,063 | ||||||||||||
| Power Purchase Agreements | 782 | 4 | ||||||||||
| Total Utility Generation | 20,845 | 100 | % |
Note: (CT) denotes combustion turbine and (CC) denotes combined cycle.
| (1) | Will be retired after meeting capacity obligation to PJM in 2021. See Note 2 to the Consolidated Financial Statements for additional information. |
|---|
| (2) | Excludes 50% undivided interest owned by ODEC. |
|---|
| (3) | Excludes 11.6% undivided interest owned by ODEC. |
|---|
| (4) | Excludes 40% undivided interest owned by Allegheny Generating Company, a subsidiary of FirstEnergy Corp. |
|---|
| 38 |
Virginia Power Non-jurisdictional Generation
| Plant | Location | Net Summer Capability (MW) | ||||||
| Solar (1) | ||||||||
| Gutenberg | Garysburg, NC | 80 | ||||||
| Pecan | Pleasant Hill, NC | 75 | ||||||
| Gloucester | Gloucester County, VA | 20 | ||||||
| Montross | Westmoreland County, VA | 20 | ||||||
| Morgans Corner | Pasquotank County, NC | 20 | ||||||
| Remington | Fauquier County, VA | 20 | ||||||
| Oceana | Virginia Beach, VA | 18 | ||||||
| Hollyfield | Manquin, VA | 17 | ||||||
| Puller | Topping, VA | 15 | ||||||
| Total Solar | 285 |
| (1) | All solar facilities are alternating current. |
|---|
Gas Transmission & Storage
Dominion Energy Gas has approximately 7,900 miles, excluding interests held by others, of gas transmission, gathering and storage pipelines located in the states of Colorado, Georgia, Maryland, New York, Ohio, Pennsylvania, South Carolina, Utah, Virginia, West Virginia and Wyoming.
Cove Point’s LNG Facility has an operational peak regasification daily
send-out
capacity of approximately 1.8 million Dths and an aggregate LNG storage capacity of approximately 14.6 bcfe. In addition, Cove Point has a small liquefier that has the potential to create approximately 15,000 Dths/day. The Liquefaction Facility consists of one LNG train with a nameplate outlet capacity of 5.25 Mtpa. Cove Point has authorization from the DOE to export up to 0.77 Bcfe/day (approximately 5.75 Mtpa) should the Liquefaction Facility perform better than expected.
The total designed capacity of the underground storage fields operated by Dominion Energy Gas is approximately 900 bcf. Certain storage fields are jointly-owned and operated by Dominion Energy Gas. The capacity of those fields owned by Dominion Energy Gas’ partners totals approximately 240 bcf.
In total, Dominion Energy Gas has 111 compressor stations with approximately 1,200,000 installed compressor horsepower.
In addition to the pipeline network owned by Dominion Energy Gas, Dominion Energy has approximately 2,500 miles of gas transmission, gathering and storage pipelines located in the states of West Virginia, Ohio, Arizona and Pennsylvania.
Gas Distribution
Gas Distribution’s network is located in the states of Idaho, North Carolina, Ohio, Utah, West Virginia and Wyoming. This network includes approximately 3,700 miles of transmission pipeline and approximately 85,000 miles of distribution mains and related service facilities. The
right-of-way
grants for many natural gas pipelines have been obtained from the actual owners of real
estate, as underlying titles have been examined. Where
rights-of-way
have not been obtained, they could be acquired from private owners by condemnation, if necessary. Many natural gas pipelines are on publicly-owned property, where company rights and actions are determined on a
case-by-case
basis, with results that range from reimbursed relocation to revocation of permission to operate.
PSNC owns one LNG facility that stores the liquefied equivalent of 1.0 bcf of natural gas, can regasify approximately 10% of its storage capacity per day and can liquefy less than 1% of its storage capacity per day.
Dominion Energy South Carolina
DESC has approximately 3,700 miles and 26,600 miles of electric transmission and distribution lines, respectively, exclusive of service level lines, in South Carolina. The grants for most of DESC’s electric lines contain
rights-of-way
that have been obtained from the apparent owners of real estate, but underlying property titles have not been examined. Where
rights-of-way
have not been obtained, they could be acquired from private owners by condemnation, if necessary. Many electric lines are on publicly-owned property, where permission to operate can be revoked. In addition, DESC owns 439 substations.
DESC’s natural gas system includes approximately 500 miles of transmission pipeline and approximately 18,400 miles of distribution mains and related service facilities.
DESC owns two LNG facilities, one located near Charleston, South Carolina, and the other in Salley, South Carolina. The Charleston facility can store the liquefied equivalent of 1.0 bcf of natural gas, can regasify approximately 6% of its storage capacity per day and can liquefy less than 1% of its storage capacity per day. The Salley facility can store the liquefied equivalent of 0.9 bcf of natural gas and can regasify approximately 10% of its storage capacity per day. The Salley facility has no liquefying capabilities.
| 39 |
The following table lists DESC’s generating units and capability as of December 31, 2019.
| Plant | Location | Net Summer Capability (MW) | Percentage Net Summer Capability | |||||||
| Gas | ||||||||||
| Jasper (CC) (1) | Hardeeville, SC | 852 | ||||||||
| Columbia Energy Center (CC) (1) | Gaston, SC | 519 | ||||||||
| Urquhart (CC) (1) | Beech Island, SC | 458 | ||||||||
| McMeekin | Irmo, SC | 250 | ||||||||
| Hagood (CT) (1) | Charleston, SC | 126 | ||||||||
| Urquhart Unit 3 | Beech Island, SC | 95 | ||||||||
| Urquhart (CT) | Beech Island, SC | 87 | ||||||||
| Parr (CT) (1) | Jenkinsville, SC | 60 | ||||||||
| Williams (CT) (1) | Goose Creek, SC | 40 | ||||||||
| Coit (CT) (1) | Columbia, SC | 26 | ||||||||
| Total Gas (2) | 2,513 | 40 | % | |||||||
| Coal | ||||||||||
| Wateree | Eastover, SC | 684 | ||||||||
| Williams | Goose Creek, SC | 605 | ||||||||
| Cope (3) | Cope, SC | 415 | ||||||||
| Total Coal | 1,704 | 27 | ||||||||
| Hydro | ||||||||||
| Fairfield | Jenkinsville, SC | 576 | ||||||||
| Saluda | Irmo, SC | 190 | ||||||||
| Other | Various | 18 | ||||||||
| Total Hydro | 784 | 13 | ||||||||
| Nuclear | ||||||||||
| Summer | Jenkinsville, SC | 650 | (4) | |||||||
| Total Nuclear | 650 | 10 | ||||||||
| Power Purchase Agreements | 596 | (5) | 10 | |||||||
| Total Utility Generation | 6,247 | 100 | % |
Note: (CT) denotes combustion turbine and (CC) denotes combined cycle.
| (1) | Capable of burning fuel oil as a secondary source. |
|---|
| (2) | Excludes the Hardeeville gas combustion turbine which currently does not have any net summer capability. |
|---|
| (3) | Capable of burning natural gas as a secondary source. |
|---|
| (4) | Excludes 33.3% undivided interest owned by Santee Cooper. |
|---|
| (5) | Includes 143MW from agreements with certain solar facilities within Contracted Generation. |
|---|
| 40 |
Contracted Generation
The following table lists Contracted Generation’s generating units and capability as of December 31, 2019.
| Plant | Location | Net Summer Capability (MW) | Percentage Net Summer Capability | |||||||||
| Nuclear | ||||||||||||
| Millstone | Waterford, CT | 2,001 | (1) | |||||||||
| Total Nuclear | 2,001 | 59 | % | |||||||||
| Solar (2) | ||||||||||||
| Escalante I, II and III | Beaver County, UT | 120 | (3) | |||||||||
| Amazon Solar Farm Virginia—Southampton | Newsoms, VA | 100 | (4) | |||||||||
| Amazon Solar Farm Virginia—Accomack | Oak Hall, VA | 80 | (4) | |||||||||
| Innovative Solar 37 | Morven, NC | 79 | (4) | |||||||||
| Wilkinson | Pantego, NC | 74 | ||||||||||
| Seabrook | Beaufort County, SC | 72 | ||||||||||
| Moffett Solar 1 | Ridgeland, SC | 71 | (4) | |||||||||
| Granite Mountain East and West | Iron County, UT | 65 | (3) | |||||||||
| Summit Farms Solar | Moyock, NC | 60 | (4) | |||||||||
| Enterprise | Iron County, UT | 40 | (3) | |||||||||
| Iron Springs | Iron County, UT | 40 | (3) | |||||||||
| Pavant Solar | Holden, UT | 34 | (5) | |||||||||
| Camelot Solar | Mojave, CA | 30 | (5) | |||||||||
| Midway II | Calipatria, CA | 30 | (4) | |||||||||
| Indy I, II and III | Indianapolis, IN | 20 | (5) | |||||||||
| Amazon Solar Farm Virginia—Buckingham | Cumberland, VA | 20 | (4) | |||||||||
| Amazon Solar Farm Virginia—Correctional | Barhamsville, VA | 20 | (4) | |||||||||
| Hecate Cherrydale | Cape Charles, VA | 20 | (4) | |||||||||
| Amazon Solar Farm Virginia—Sappony | Stoney Creek, VA | 20 | (4) | |||||||||
| Amazon Solar Farm Virginia—Scott II | Powhatan, VA | 20 | (4) | |||||||||
| Cottonwood Solar | Kings and Kern Counties, CA | 16 | (5) | |||||||||
| Adams East Solar | Tranquility, CA | 13 | (5) | |||||||||
| Alamo Solar | San Bernardino, CA | 13 | (5) | |||||||||
| CID Solar | Corcoran, CA | 13 | (5) | |||||||||
| Imperial Valley Solar | Imperial, CA | 13 | (5) | |||||||||
| Kansas Solar | Lenmore, CA | 13 | (5) | |||||||||
| Kent South Solar | Lenmore, CA | 13 | (5) | |||||||||
| Maricopa West Solar | Kern County, CA | 13 | (5) | |||||||||
| Old River One Solar | Bakersfield, CA | 13 | (5) | |||||||||
| Richland Solar | Jeffersonville, GA | 13 | (5) | |||||||||
| West Antelope Solar | Lancaster, CA | 13 | (5) | |||||||||
| Catalina 2 Solar | Kern County, CA | 12 | (5) | |||||||||
| Mulberry Solar | Selmer, TN | 11 | (5) | |||||||||
| Selmer Solar | Selmer, TN | 11 | (5) | |||||||||
| Columbia 2 Solar | Mojave, CA | 10 | (5) | |||||||||
| Hecate Energy Clarke County | White Post, VA | 10 | (4) | |||||||||
| Ridgeland Solar Farm I | Ridgeland, SC | 10 | (4) | |||||||||
| Other | Various | 43 | (4)(5) | |||||||||
| Total Solar | 1,268 | 37 | ||||||||||
| Wind | ||||||||||||
| Fowler Ridge (6) | Benton County, IN | 150 | (7) | 4 | ||||||||
| Total Merchant Generation | 3,419 | 100 | % |
| (1) | Excludes 6.53% undivided interest in Unit 3 owned by Massachusetts Municipal and Green Mountain. |
|---|
| (2) | All solar facilities are alternating current. |
|---|
| (3) | Excludes 50% noncontrolling interest owned by GIP. Dominion Energy’s interest is subject to a lien securing Dominion Solar Projects III, Inc.’s debt. |
|---|
| (4) | Dominion Energy’s interest is subject to a lien securing Eagle Solar’s debt. |
|---|
| (5) | Excludes 33% noncontrolling interest owned by Terra Nova Renewable Partners. Dominion Energy’s interest is subject to a lien securing SBL Holdco’s debt. |
|---|
| (6) | Subject to a lien securing the facility’s debt. |
|---|
| (7) | Excludes 50% membership interest owned by BP. |
|---|
| 41 |
Previous: Item 1B. Unresolved Staff Comments · Next: Item 3. Legal Proceedings