Dominion Fleshes Out Decarbonization Goals as Major Offshore Wind Investment Advances

SUGAR LAND--November 8, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) offered more details on its five-year, $32 billion capital-spending program when the company released its third-quarter earnings report last week. More than half of the total is expected to go toward energy-storage and net-zero carbon projects, including a series of solar projects and possibly the largest U.S. offshore windfarm. Dominion also is spending billions to transform its share of the electric grid and modernize its gas-distribution network through 2025. Industrial Info is tracking more than $16 billion in active Dominion projects, more than 70% of which is attributed to renewable energy. Within this article: Details on some of the highest-valued Dominion projects, including a major offshore windfarm, several solar projects and key transmission & distribution projects.