This webinar agenda provides an overview of renewable energy development in Virginia:
- Dominion Energy will discuss their wind turbine and solar development projects.
- A panel discussion will cover topics like the Virginia Clean Economy Act, offshore wind goals, and environmental benefits of the state's renewable energy targets.
- The webinar will conclude with a question and answer session.
4. “Virginia is all in for clean energy, and we
welcome Rose Holm’s decision to locate its
first U.S. operation in our Commonwealth,”
said Virginia’s Governor Ralph Northam.
“Our Clean Energy Virginia initiative is driving
new investment and new jobs in renewable
energy, and now it is bringing a new
manufacturing facility to Henrico. We look
forward to a strong partnership with Rose
Holm as we work to make Virginia a hub for
the East Coast offshore wind supply chain and
service industries.”
5. 5
Rose Holm, Danish manufacturer of fastening solutions
for the global wind sector, has chosen Henrico for its
first U.S. operation
Sustainability | Henrico, Virginia Update
Virginia governor sets renewable energy goal of
100% by 2050
First phase of the Facebook campus, supported
by 100% solar energy, is completed
6. Sustainability | Industry Update
6
• Global Data Centers in 2019 used roughly
416 terawatts (4.16 x 1014 watts) (or about
3% of the total electricity), nearly 40% more
than the entire United Kingdom.
• Carbon Neutral: Achieving net zero carbon
dioxide emissions by balancing carbon dioxide
emissions with removal (often through carbon
offsetting or simply eliminating carbon dioxide
emissions altogether).
• Carbon Negative: Reduction of an
entity's carbon footprint to less than neutral, so
that the entity has a net effect of
removing carbon dioxide from the atmosphere
rather than adding it.
• EU wants data centers to be carbon neutral
by 2030
Carbon Negative by 2030
Carbon Neutral by 2040
100% Renewable by 2025
Renewables:
Americas 93%, AsiaPac 75%, EMEA 99%
Carbon Neutral by 2040
2017: 100% Renewable Energy
2030: 24/7 Carbon-free Energy
2016: 100% renewable in US
2018: 100% renewable in EMEA
Hillsboro 3: 100% renewable Net Zero for Value Chain by 2030
8. 8
Signed by Governor Northam on April 12; effective as of
July 1, 2020. Most consequential energy policy reform
since 2007 Reregulation Act.
Major provisions:
• Mandatory renewable portfolio standard (replaces
voluntary standard)
• Virginia’s participation in a regional carbon trading
program (RGGI)
• Retirement of carbon-emitting electric generating units
(with backstop for reliability/security)
• Significant net metering expansion
• Energy efficiency standard (5% energy savings by
2025 vs. 2019 baseline)
• Exemptions for customers already pursuing
sustainability goals
Virginia Clean Economy Act
Offshore Wind
• 5.2 GW by 2034
• Up to 100% utility-owned
Solar or Onshore Wind
• 16.1 GW by 2035, with
intermediate goals
• 65% utility-owned
Energy Storage
• 2.7 GW by 2035, one project
up to 800MW
• 65% utility-owned
9. Environmental Benefits to the Commonwealth of Virginia
9
Electric generation mix (GWH)
Biomass, Hydro,
Solar, Wind
Nuclear
Carbon-Free Subtotal
Natural Gas
Coal, Petroleum
2025 2030
2030
9%
32%
41%
52%
7%
28%
29%
57%
40%
3%
43%
30%
73%
26%
1%
2035
2025 2035
Note: Data shown is for Dominion Energy Virginia. The data does not include PJM purchases and sales.
Virginia Clean Economy Act
