Dominion Energy, Inc. · NYSE:D
Dominion Energy — Corporate Update (September 2020)
28 slides from Dominion Energy's corporate update, Sep 30, 2020
Slide 1: Welcome to the Coastal Virginia Offshore Wind Project Roundtable
Welcome to the Coastal Virginia Offshore Wind Project Roundtable Please reference the following prior to participation in the meeting: • Everyone except the presenter should mute their lines • Use the “chat” function (bottom right of WebEx window) to ask questions during the presentation. A Dominion
Slide 2: Coastal Virginia Offshore Wind Commercial Project Fisheries Roundtable
Coastal Virginia Offshore Wind Commercial Project Fisheries Roundtable September 30th, 2020
Slide 3: Agenda
Agenda ❑ Coastal Virginia Offshore Wind Pilot Project Updates ❑ Coastal Virginia Offshore Wind Commercial Project Updates ❑ Surveys & Studies ❑ Detailed Schedule Overview ❑ Regulatory Involvement ❑ Offshore Wind Legislation Signing ❑ Fisheries Information ❑ Q&A 3
Slide 4: Coastal Virginia Offshore Wind Projects Overview
Coastal Virginia Offshore Wind Projects Overview 4
Slide 5: Coastal Virginia Offshore Wind Pilot
Coastal Virginia Offshore Wind Pilot First turbines in federal waters Pilot Project Details • DMME as leaseholder; Only research lease in the United States • Dominion Energy as operator • Two 6-MW Wind Turbines • Located 27 miles off Virginia Beach • Capital Cost: $300 million • Major Participants o
Slide 6: Pilot: Transportation and Cable Installation
Coastal Virginia Offshore Wind Pilot Transportation and Cable Installation Major components loaded and transported from Europe during global health crisis. Cable pulled to shore and connected to foundations. 6
Slide 7: Pilot: Foundation and Wind Turbine Installation
Coastal Virginia Offshore Wind Pilot Foundation and Wind Turbine Installation First steel in the water – May 21 First wind turbine mechanically complete – June 20 Second wind turbine mechanically complete – June 26 7
Slide 8: Commercial Project Summary
Coastal Virginia Offshore Wind Commercial Project Summary Executed Lease with BOEM 2013 Site Assessment Plan Approved by BOEM 2016 Governor issues Executive Order Dominion Energy commits to $8B 2019 Project Legislation passed supporting Project Submit COP to BOEM 2020 Execute Major Contracts 2021 Vi
Slide 9: Anatomy of an Offshore Wind Energy Project
Anatomy of an Offshore Wind Energy Project 9
Slide 10: BOEM – Renewable Energy Process
BOEM – Renewable Energy Process We are Here 10
Slide 11: Environmental Impact Statement
Environmental Impact Statement 11
Slide 12: Commercial Project Updates
Commercial Project Updates ❑ In April 2020, vessels began various studies in the 112,800-acre project lease area off the coast of Virginia Beach ❑ Surveys will provide geological, biological, and oceanographic data needed to support planning and construction in a manner that facilitates coexistence
Slide 13: Surveys and Studies
Surveys and Studies ❑ Acoustics ❑ Air Emissions ❑ Avian and Bat ❑ Aviation Impacts ❑ Electric and Magnetic Fields ❑ Fisheries ❑ Geophysical, Geotechnical, and Benthic ❑ Historic Architecture ❑ Marine and Terrestrial Archaeology ❑ Marine Mammals and Sea Turtles ❑ Navigational Safety Risk ❑ Sediment T
Slide 14: Detailed Schedule Overview
Detailed Schedule Overview Task Approximate Timeframe COP Surveys Q2 2020-Q4 2021 Submit Final COP to BOEM Q4 2020 UXO Investigation and Identification Q3 2021 – Q4 2022 Surveys Federal/State Permits Q2 2021 – Q4 2023 SCC Approval Q3 2022 Construction Start Q2 2024 First Power Delivery Q3 2025 Const
Slide 15: Regulatory Involvement
Regulatory Involvement ❑ Federal ❑ Bureau of Ocean and Energy Management (BOEM) ❑ NOAA Fisheries (NMFS) ❑ Marine Mammal Commission (MMC) ❑ US Fish and Wildlife Service (USFW) ❑ US Army Corp. of Engineers (USACE) ❑ US Coast Guard (USCG) ❑ US Fleet Forces (USFF) ❑ Magnuson-Stevens Fisheries Conservati
Slide 16: Summary of Permits & Approvals
Summary of Permits & Approvals Federal Bureau of Ocean Energy Management Site Assessment Plan (SAP) (Issued – to be amended) Construction & Operations Plan (COP) Facility Design Report (FDR) & Facility Installation Report (FIR) NOAA Fisheries (NMFS) Incidental Harassment Authorization for survey act
Slide 17: Offshore Wind Legislation Signing
Coastal Virginia Offshore Wind Offshore Wind Legislation Signing • Up to 5.2GW of offshore wind by year- end 2034; supports CVOW in particular • “In the public interest” language signals strong legislative support to regulator • CVOW is subject to competitive procurement or solicitation for services
Slide 18: Fisheries Outreach Since 2009
Fisheries Outreach Since 2009 ➢ In 2009 BOEM established the Virginia Intergovernmental Renewable Task Force ❑ Process of identifying potential area for leasing that minimizes ecologically sensitive areas and potential user conflicts; ❑ Throughout leasing process, which concluded with Dominion Energ
Slide 19: Frequently Asked Questions (FAQs) – Fisheries (1)
Frequently Asked Questions (FAQs) – Fisheries (1) ➢ How and why was this location chosen? ❑ Bureau of Ocean Energy Management (BOEM) has a multi-step process to identify areas of the Outer Continental Shelf (OCS) that appear most suitable for commercial wind energy activities, while presenting the f
Slide 20: Frequently Asked Questions (FAQs) – Fisheries (2)
Frequently Asked Questions (FAQs) – Fisheries (2) ➢ Will the cables within the wind farm and connecting to shore be buried? ❑ Cables are planned to be buried below stable seabed elevation based on existing sediment conditions. A Cable Burial Risk Assessment (CBRA) is being conducted to determine app
Slide 21: Jones Act
Jones Act ➢ Pilot Project Construction ❑ Specialized foreign construction vessels were required for installation, operations were Jones Act compliant. ❑ Support vessels, including safety vessels and crew transfer vessels (CTVs), were Jones Act compliant ❑ Jones Act compliant CTV constructed for the
Slide 22: Commercial Project Location
Coastal Virginia Offshore Wind Commercial Project ZF Dominion a Project Location Energy RW"CH" Mo (A MSM Hg. Mo (A) WHIS: RACON (=>) Turbine Aray 1 Ofshore Substation [J esearch ease Areas I] commer Lease Area Epo Cable Coier The Offshore Project Area, including the Lease Area and the Export Cable C
Slide 23: Vessel and Aircraft Clearance
Coastal Virginia Offshore Wind Commercial Project Vessel and Aircraft Clearance Ww 4,547 feet (0.75 nm) between turbines Dominion Energy H-65 Helo Length: 44 ft | Height: 13 ft | Rotor Diam: 39 ft Depiction of different types and sizes of vessels and aircraft between two wind turbines, spaced 0.7 nm
Slide 24: Lease Area and Fish Haven
Coastal Virginia Offshore Wind Commercial Project Dominion Lease Area and Fish Haven ~ ut Energy The benthic characterization, presence of shipwrecks, and location of the fish haven area within the Lease Area. 24
Slide 25: Fishing Equipment
Coastal Virginia Offshore Wind Commercial Project Fishing Equipment ss Par} ZF energy 45 ft vessel length _ (fixed gear vessel) 87 ft vessel length I 1 t Fey A eo) i iy } Strings of fixed | \ | Overall length of Rotor Diam. £ gear (pot! 1 \ | 1,540 ft from the : traps/gillnets): ( \ | tip of the ves
Slide 26: Recreational Fisheries
Recreational Fisheries Norfolk Canyon Triangle Wrecks Wayne’s World ➢ Triangle Wrecks and other seabed obstructions targeted by recreational fishermen ➢ Transits to offshore Highly Migratory Fisheries grounds ~27 nm east of lease area ➢ Recreational SCUBA and free divers have been observed near new
Slide 27: Science and Research
Coastal Virginia Offshore Wind Commercial Project Science and Research * Turtmne Aray ‘Shark Longine Survey Ste N Research Lease Areas 4 RODEO BLoys A *leonmersttesce aes sprq aw Export cable Comigor — (mt ammpeies | Ast Steger Reser Science and research activities being conducted around the Offshor
Slide 28: Questions & Additional Discussion
Questions & Additional Discussion 28