Dominion Energy, Inc. · NYSE:D

Dominion Energy — 2022 Solar, Onshore Wind & Energy Storage RFP Informational Webinar

12 slides from Dominion Energy's conference presentation, Jun 9, 2022

  1. Slide 1: 2022 Solar, Onshore Wind & Energy Storage RFP Informational Webinar

    2022 Solar, Onshore Wind & Energy Storage RFP Informational Webinar THE PROGRAM WILL BEGIN SHORTLY. • Your audio is muted. • Time is reserved at the end of the presentation to answer questions. Please submit your questions using the Q&A feature. • For technical support, please use the Help feature i

  2. Slide 2: 2022 Solar, Onshore Wind & Energy Storage RFP Informational Webinar

    2022 Solar, Onshore Wind & Energy Storage RFP Informational Webinar June 9, 2022

  3. Slide 3: Webinar Agenda

    2022 Solar, Onshore Wind & Energy Storage RFP WEBINAR AGENDA  Welcome  VCEA Summary & Progress  Notable Changes  Acquisition Requests Overview  RFP Process  Scope  Key Considerations  Q&A 3

  4. Slide 4: Virginia Clean Economy Act (VCEA) – Driving the clean energy transition

    2022 Solar, Onshore Wind & Energy Storage RFP Virginia Clean Economy Act (VCEA) – Driving the clean energy transition A multi‐faceted approach Renewable Portfolio Standard¹ to achieving a clean energy portfolio % of DEV’s VA retail load² generated by renewable sources 100%  100% zero‐carbon generat

  5. Slide 5: VCEA Progress To Date – Meeting Requirements

    2022 Solar, Onshore Wind & Energy Storage RFP VCEA Progress To Date – Meeting Requirements 2022 RFP for Solar, Onshore Wind and Energy Storage will support this SCC filing in 2023 Filed: 9‐15‐21 Approved: 3‐15‐22 Filed: 10‐30‐20 Approved 4‐30‐21 VCEA = Virginia Clean Economy Act Solar/Storage ‐ Owne

  6. Slide 6: Notable Changes & Updates

    2022 Solar, Onshore Wind & Energy Storage RFP Notable Changes & Updates  Separation of Acquisition and PPA RFPs  Acquisition RFP  Combines Utility‐Scale and Distributed Energy projects Process  Year‐Round RFP (an “Open RFP Process”)  Provides flexibility to project developers  Maximizes option

  7. Slide 7: Process – Year-Round (Open RFP)

    2022 Solar, Onshore Wind & Energy Storage RFP Process – Year-Round (Open RFP) Issue RFP Evaluate Execute Agreements Submittal of Annual VA Begin Begin Projects SCC Application Construction Operation 1 2 3 4 5 6 7 Bidder submits Company emails Company Company Bidder submits Proposal and supplemental

  8. Slide 8: Acquisition Scope

    2022 Solar, Onshore Wind & Energy Storage RFP ACQUISITION SCOPE Utility‐Scale Solar, Onshore Wind & Energy Storage Distributed Energy Solar Greater than 3 MW 3 MW or less  Solar/Onshore Wind – up to 640 MW  Solar– up to 65 MW o Includes projects on previously developed sites o Includes projects on

  9. Slide 9: Successful path to selection

    2022 Solar, Onshore Wind & Energy Storage RFP Successful path to selection Fundamental Project Milestones  Interconnect status  Land and easement control secured  Local permit obtained Follow the Checklist for completeness and conformance  Re‐freshed and complete studies  Complete Information F

  10. Slide 10: Energy Storage Acquisition Key Considerations

    2022 Solar, Onshore Wind & Energy Storage RFP Energy Storage Acquisition Key Considerations RFP Storage Target / Acquisition Types / Use Cases and Technologies  Target Sizes: 80MW | 3MW min size | single site submissions (not aggregate sum of projects)  Acquisition Types: Solar + Storage | Onshore

  11. Slide 11: Distribution Scale Solar Acquisition Key Considerations

    2022 Solar, Onshore Wind & Energy Storage RFP Distribution Scale Solar Acquisition Key Considerations RFP Acquisition Target  Target Size: 50kW – 3MW  Solicitation for up to 65 MW Distribution Scale Specific Requirements  Projects must be within Dominion Energy Virginia’s electric service territo

  12. Slide 12: Q&A Panel

    2022 Solar, Onshore Wind & Energy Storage RFP Q&A PANEL Q&A – Christine Sedlar, Moderator  Emil Avram – Vice President, Business Development  Gary Payne – Manager, Business Development –  Todd Flowers – Director, Business Development Solar Acquisitions  Ricky Elder – Manager, Business Developmen

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