Dominion Energy Announces Plans to Pursue New Pumped Storage Hydroelectric Facility Virginia

LCG, September 8, 2017--Dominion Energy Virginia announced yesterday that it will proceed with its plan to study the feasibility of a new pumped storage hydroelectric facility in the coalfield region of Southwest Virginia by conducting in-depth studies of two potential sites: a 4,100-acre site in Tazewell County and an abandoned mine in Wise County. The preliminary estimate for a single facility could be in the range of $2 billion.

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Georgia Power Files Recommendation to Complete Construction of Vogtle Nuclear Expansion Project

LCG, September 1, 2017--Southern Company subsidiary Georgia Power filed a recommendation yesterday with the Georgia Public Service Commission (PSC) to continue construction of the Vogtle nuclear expansion near Augusta, Georgia. The project's co-owners, Oglethorpe Power, MEAG Power and Dalton Utilities, all support the recommendation, which is based on the results of a comprehensive schedule, cost-to-complete and cancellation assessment.

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Industry News

Duke Files for New IGCC Project in Indiana

LCG, September 8, 2006--Duke Energy Indiana and Vectren Energy Delivery of Indiana have filed an application for "Certificates of Public Convenience and Necessity" (CPCN) with the Indiana Utility Regulatory Commission to build a coal-fired, electric generating station that would employ an integrated gasification combined cycle (IGCC) design.

The proposed project would have a capacity of approximately 630 MW and would be built at Duke'sexisting Edwardsport generating station near Vincennes, Indiana. Once the new plant is operational, the old facilities, which include coal and oil units that have a capacity of 160-MW, would be retired.

The IGCC design includes coal gasification, with the gas created from the coal passed through a gas turbine to generate electricity. The hot exhaust gas from the turbine heats water to produce steam to power a steam turbine and generate electricity a second time. The gasification process offers the potential for lower cost solutions to capture and sequester CO2.

Duke and Vectren have commissioned GE Energy and Bechtel Corporation to develop an engineering and design study for the plant, which is expected to be completed by the second quarter of 2007. Given favorable plant economics and regulatory review, construction could commence as early as mid-2007.

The application with the Commission is another positive step forward for this project. In September of last year, Cinergy - which was acquired by Duke - announced that it would start the preliminary engineering and design of an IGCC generating station in partnership with Vectren Corporation and that they planned to use GE Energy and Bechtel Corporation for the preliminary engineering study.

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