filings.toolsItem 2. Properties
17K characters. Original on sec.gov · Markdown
Item 2. Properties
As of December 31, 2022, 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 shares Dominion Energy’s principal executive office in Richmond, Virginia. 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 by operating segment.
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, 2022; however, by leaving the indenture open, Virginia Power retains the flexibility to issue mortgage bonds in the future. Certain of Dominion Energy’s nonregulated 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 59,700 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 482 substations and 16 MW of battery storage. Dominion Energy also owns various solar facilities, primarily at schools in Virginia, with an aggregate generation capacity of 21 MW.
The following tables list Virginia Power’s generating units and capability as of December 31, 2022.
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 | 1,349 | |||||||||
| Ladysmith (CT) | Ladysmith, VA | 783 | |||||||||
| Bear Garden (CC) | Buckingham County, VA | 622 | |||||||||
| Remington (CT) | Remington, VA | 622 | |||||||||
| Possum Point (CC) | 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 | |||||||||
| Total Gas | 8,232 | 41 | % | ||||||||
| Coal | |||||||||||
| Mt. Storm | Mt. Storm, WV | 1,617 | |||||||||
| Chesterfield(1) | Chester, VA | 1,014 | |||||||||
| Virginia City Hybrid Energy Center | Wise County, VA | 610 | |||||||||
| Clover | Clover, VA | 439 | (2) | ||||||||
| Total Coal | 3,680 | 18 | |||||||||
| Nuclear | |||||||||||
| Surry | Surry, VA | 1,676 | |||||||||
| North Anna | Mineral, VA | 1,672 | (3) | ||||||||
| Total Nuclear | 3,348 | 16 | |||||||||
| 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 | |||||||||
| Oil | |||||||||||
| Yorktown(1) | Yorktown, VA | 790 | |||||||||
| Gravel Neck (CT) | Surry, VA | 198 | |||||||||
| Darbytown (CT) | Richmond, VA | 168 | |||||||||
| Rosemary (CC) | Roanoke Rapids, NC | 160 | |||||||||
| 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 | 1,522 | 7 | |||||||||
| Solar**(5)** | |||||||||||
| Colonial Trail West | Surry County, VA | 142 | |||||||||
| Sadler Solar | Emporia, VA | 100 | |||||||||
| Spring Grove | Surry County, VA | 98 | |||||||||
| Grassfield | Chesapeake, VA | 20 | |||||||||
| Whitehouse Solar | Louisa County, VA | 20 | |||||||||
| Woodland Solar | Isle of Wight County, VA | 19 | |||||||||
| Scott Solar | Powhatan, VA | 17 | |||||||||
| Total Solar | 416 | 2 | |||||||||
| Biomass | |||||||||||
| Altavista(6) | Altavista, VA | 51 | |||||||||
| Polyester(6) | Hopewell, VA | 51 | |||||||||
| Southampton(6) | Southampton, VA | 51 | |||||||||
| Total Biomass | 153 | 1 | |||||||||
| Wind | |||||||||||
| CVOW Pilot Project | Virginia Beach, VA | 12 | — | ||||||||
| Various | |||||||||||
| Mt. Storm (CT) | Mt. Storm, WV | 11 | — | ||||||||
| 19,498 | |||||||||||
| Power Purchase Agreements | 1,106 | 5 | |||||||||
| Total Utility Generation | 20,604 | 100 | % |
Note: (CT) denotes combustion turbine and (CC) denotes combined cycle.
(1)
Will be retired after it meets its capacity obligation in 2023. 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.
(5)
All solar facilities are alternating current.
(6)
In accordance with the VCEA, these units will be retired no later than 2028.
VIRGINIA POWER NON-JURISDICTIONAL GENERATION
| Plant | Location | Net Summer Capability (MW) | ||||
| Solar(1) | ||||||
| Fort Powhatan | Disputanta, VA | 150 | ||||
| Maplewood | Chatham, VA | 120 | ||||
| Desper | Louisa, VA | 88 | ||||
| Gutenberg | Garysburg, NC | 80 | ||||
| Butcher Creek | Chase City, VA | 80 | ||||
| Pecan | Pleasant Hill, NC | 75 | ||||
| Chestnut | Halifax County, NC | 75 | ||||
| Bedford | Chesapeake, VA | 70 | ||||
| Pumpkinseed | Emporia, VA | 60 | ||||
| Gloucester | Gloucester County, VA | 20 | ||||
| Montross | Westmoreland County, VA | 20 | ||||
| Morgans Corner | Pasquotank County, NC | 20 | ||||
| Remington | Fauquier County, VA | 20 | ||||
| Rochambeau | James City County, VA | 20 | ||||
| Oceana | Virginia Beach, VA | 18 | ||||
| Hollyfield | Manquin, VA | 17 | ||||
| Puller | Topping, VA | 15 | ||||
| Total Non-Jurisdictional Generation | 948 |
(1)
All solar facilities are alternating current.
GAS DISTRIBUTION
Gas Distribution’s network is located in Ohio, North Carolina, Utah, southwestern Wyoming and southeastern Idaho. This network includes approximately 74,400 miles of distribution mains and related service facilities which are supported by approximately 3,600 miles of transmission, gathering and storage pipeline. 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.
East Ohio’s integrated underground storage facilities have more than 60 bcf of working gas capacity to serve base and peak demand. 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. Questar Gas also owns one LNG facility that stores the liquified equivalent of 1.2 bcf of natural gas, can regasify approximately 12% 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 3,900 miles and 18,800 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 459 substations.
DESC’s natural gas system includes approximately 19,100 miles of distribution mains and related service facilities, which are supported by approximately 400 miles of transmission pipeline.
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 approximately 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 approximately 0.9 bcf of natural gas and can regasify approximately 10% of its storage capacity per day. The Salley facility has no liquefying capabilities.
The following table lists DESC’s generating units and capability as of December 31, 2022.
| Plant | Location | Net Summer Capability (MW) | Percentage Net Summer Capability | ||||||||
| Gas | |||||||||||
| Jasper (CC) (1) | Hardeeville, SC | 903 | |||||||||
| 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) (1) | Beech Island, SC | 87 | |||||||||
| Parr (CT) (1)(2) | Jenkinsville, SC | 47 | |||||||||
| Coit (CT) (1)(2) | Columbia, SC | 26 | |||||||||
| Total Gas | 2,511 | 38 | % | ||||||||
| Coal | |||||||||||
| Wateree | Eastover, SC | 684 | |||||||||
| Williams | Goose Creek, SC | 605 | |||||||||
| Cope (3) | Cope, SC | 415 | |||||||||
| Total Coal | 1,704 | 26 | |||||||||
| Hydro | |||||||||||
| Fairfield | Jenkinsville, SC | 576 | |||||||||
| Saluda | Irmo, SC | 198 | |||||||||
| Other | Various | 18 | |||||||||
| Total Hydro | 792 | 12 | |||||||||
| Nuclear | |||||||||||
| Summer | Jenkinsville, SC | 651 | (4) | 10 | |||||||
| 5,658 | |||||||||||
| Power Purchase Agreements | 973 | (5) | 14 | ||||||||
| Total Utility Generation | 6,631 | 100 | % |
Note: (CT) denotes combustion turbine and (CC) denotes combined cycle.
(1)
Capable of burning fuel oil as a secondary source.
(2)
Expected to be retired by the end of 2025.
(3)
Capable of burning natural gas as a secondary source.
(4)
Excludes 33.3% undivided interest owned by Santee Cooper.
(5)
Includes 189 MW from agreements with certain solar facilities within Contracted Assets.
CONTRACTED ASSETS
Contracted Assets includes Dominion Energy’s 50% noncontrolling interest in Cove Point. The Cove Point 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. In addition, Cove Point operates a 136-mile natural gas pipeline that connects the Cove Point LNG Facility to interstate natural gas pipelines.
The following table lists Contracted Assets’ generating units and capability as of December 31, 2022.
| Plant | Location | Net Summer Capability (MW) | Percentage Net Summer Capability | ||||||||
| Nuclear | |||||||||||
| Millstone | Waterford, CT | 2,001 | (1) | ||||||||
| Total Nuclear | 2,001 | 67 | % | ||||||||
| Solar(2) | |||||||||||
| Hardin I | Hardin County, OH | 150 | |||||||||
| Amazon Solar Farm Virginia – Southampton | Newsoms, VA | 100 | (3) | ||||||||
| Amazon Solar Farm Virginia – Accomack | Oak Hall, VA | 80 | (3) | ||||||||
| Greensville | Greensville County, VA | 80 | |||||||||
| Innovative Solar 37 | Morven, NC | 79 | (3) | ||||||||
| Wilkinson | Pantego, NC | 74 | |||||||||
| Seabrook | Beaufort County, SC | 73 | |||||||||
| Moffett Solar 1 | Ridgeland, SC | 71 | (3) | ||||||||
| Summit Farms Solar | Moyock, NC | 60 | (3) | ||||||||
| Midway II | Calipatria, CA | 30 | (3) | ||||||||
| Amazon Solar Farm Virginia – Buckingham | Cumberland, VA | 20 | (3) | ||||||||
| Amazon Solar Farm Virginia – Correctional | Barhamsville, VA | 20 | (3) | ||||||||
| Hecate Cherrydale | Cape Charles, VA | 20 | (3) | ||||||||
| Amazon Solar Farm Virginia – Sussex Drive | Stoney Creek, VA | 20 | (3) | ||||||||
| Amazon Solar Farm Virginia – Scott II | Powhatan, VA | 20 | (3) | ||||||||
| Myrtle | Suffolk, VA | 15 | |||||||||
| Trask | Beaufort County, SC | 12 | |||||||||
| Hecate Energy Clarke County | White Post, VA | 10 | (3) | ||||||||
| Ridgeland Solar Farm I | Ridgeland, SC | 10 | (3) | ||||||||
| Yemassee | Hampton County, SC | 10 | |||||||||
| Blackville | Blackville, SC | 7 | |||||||||
| Denmark | Denmark, SC | 6 | |||||||||
| Other | Various | 35 | (3) | ||||||||
| Total Solar | 1,002 | 33 | |||||||||
| Total Nonregulated Generation | 3,003 | 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)
Dominion Energy’s interest is subject to a lien securing Eagle Solar’s debt.
Previous: Item 1B. Unresolved Staff Comments · Next: Item 3. Legal Proceedings