Tag: Dominion Energy

Utility decarbonization trajectories

Morgan Stanley: Duke, other utilities ignoring profit opportunity by failing to decarbonize rapidly

Morgan Stanley analysts say utilities can grow earnings by accelerating coal-to-renewables switch, but some utilities are letting the opportunity slip away.

/ March 12, 2020

Dominion and NextEra Takeover Bids for Santee Cooper Provide Little to No Benefit to South Carolina

Dominion Energy and NextEra Energy were named the top picks to manage or buy the state-owned utility Santee Cooper, in an analysis released on February 11 by the South Carolina...

/ February 18, 2020
ACP path in Buckingham VA

Dominion Energy net-zero goal undercut by pipeline expansion, “renewable natural gas” offset scheme

The utility joins wave of peer companies setting new emissions targets - but stops short of meaningful fossil fuel curtailment.

/ February 13, 2020

Financial analysts expect decarbonization will benefit utility ratepayers and shareholders

Replacing coal with renewable energy could save customers $8 billion each year

/ January 9, 2020

Strings Attached: How utilities use charitable giving to influence politics and increase investor profits

Download full report Dominion Energy Dominion is a utility company that serves more than 5 million utility and retail energy customers, providing electric service in Virginia and North Carolina and...

/ December 10, 2019

Strings Attached: How utilities use charitable giving to influence politics and increase investor profits

Click to jump to the utility case studies. I. Introduction In the fall of 2017, a parade of paid actors, pretending to be concerned residents, lined up to offer public...

/ December 10, 2019

Report details utilities’ use of charitable giving to influence politics

Utilities' charitable giving a massive part of their political operations, used to manipulate support from low-income communities and communities of color.

/ December 9, 2019
Virginia Capitol

Dominion Energy spent record-breaking sum in Virginia election to bolster embattled Republicans and legislative allies

Utility and its executives supported allies in both parties, but spent on Republicans in key battleground races

/ November 12, 2019
Dominion buys pipeline support at Supreme Court through GOP Attorneys General

Dominion buys pipeline support at Supreme Court through GOP Attorneys General

With a key Atlantic Coast Pipeline appeal before the Supreme Court, US Attorney General Barr and Republican state Attorneys General have intervened in Dominion's favor - while sharing close financial...

/ October 3, 2019

Southern Company and American Electric Power pledge to reduce emissions, but still support coal lobby group

Investors are calling on major companies to align their climate lobbying efforts with the Paris Agreement

/ September 25, 2019