Dominion Energy, Inc. · NYSE:D
Dominion Energy — Corporate Update (August 2024)
11 slides from Dominion Energy's corporate update, Aug 23, 2024
Slide 1: 2024 Integrated Resource Plan Phase 4 Report Out: Review of Collective Stakeholder Input
Short-Term Dominion Energy Virginia and North Carolina 2024 Integrated Resource Plan (IRP) Phase 4 Report Out: Review of Collective Stakeholder Input and Recommendations August 23, 2024 Powering Your Every Day. 1 SM
Slide 2: IRP Stakeholder Process: Status Update
IRP Stakeholder Process: Status Update Early-Stage IRP Phase One: Development Initial planning and first meeting with stakeholders (Complete) IRP proceeding Collect Initial Winter and final order Inputs Phase Two: Stakeholders meet in small groups with facilitators Fall Spring (Complete) Phase Three
Slide 3: Stakeholder Feedback in the IRP
Stakeholder Feedback in the IRP Modeling IRP Document IRP Appendix Summary of the Stakeholder Process Quantitative information Provides an overview of Qualitative information will be summarized and the stakeholder process will be attributed to attributed to as well as a summary of Stakeholder Input
Slide 4: Collective Feedback Received During the Stakeholder Process
Collective Feedback Received During the Stakeholder Process Topics: 1. Modeling 2. Environmental Justice 3. Reliability 4. Feedback for Future Stakeholder Processes Please note that information in this presentation is subject to change when the IRP is filed on October 15, 2024. Powering Your Every D
Slide 5: Topic 1: Modeling: Key Metrics 2023 vs. 2024
Topic 1: Modeling: Key Metrics 2023 vs. 2024 Key Metrics 2023 IRP 2024 IRP PJM Dom Zone Load Coincident Peak Forecast Growth Rate 4.5% 4.9% PJM-Derived Dom LSE Coincident Peak Forecast Growth Rate 3.0% 2.8% (Preliminary) 3-year average Solar Capacity Factor 22.2% 21.2% Environmental Rules RGGI New E
Slide 6: Topic 1: Modeling: Technologies Considered
Topic 1: Modeling: Technologies Considered Resource Unit Type Dispatchable Primary Fuel Solar – Utility Scale Intermittent No Sun Solar - Distributed Intermittent No Sun Wind - Onshore Intermittent No Wind Wind - Offshore Intermittent No Wind Pumped Storage Peaking Yes Water Battery (4 hr) Peaking Y
Slide 7: Topic 1: Modeling: Environmental Regulations
Topic 1: Modeling: Environmental Regulations Environmental Regulations 2024 IRP Considerations Limit capacity factors for new gas units: Section 111 (b) of Clean Air Act 40% (Advanced-Class CTs and 2x1 CCs), 20% or less (F-Class CTs) Section 111 (d) of Clean Air Act Assume conversion to 100% gas* Co
Slide 8: Topic 1: Modeling: Build Plan Overview
Topic 1: Modeling: Build Plan Overview Scenario 1 2 3 4 5 Least Cost Least Cost Least Cost VCEA-Compliant VCEA-Compliant Description with without with with without EPA Environmental Regs EPA Environmental Regs EPA Environmental Regs EPA Environmental Regs EPA Environmental Regs Meets RPS Program Yes
Slide 9: Topic 1: Modeling: Sensitivities
Topic 1: Modeling: Sensitivities Factors Sensitivity High Load Forecast Increase data centers (example) 5%, 10%, 20% Low Load Forecast Decrease data centers (example) 5%, 10%, 20% Company Load Forecast Yes High Fuel Includes high energy, capacity, RECs Low Fuel Includes low energy, capacity, RECs Hi
Slide 10: Topic 2: Environmental Justice
Topic 2: Environmental Justice • Description of Dominion Energy’s EJ Dominion Energy’s Map of VA EJ Communities Process • More information on how EJ is generally considered from the Company’s perspective • A generic evaluation of potential environmental impacts relative to different types of power g
Slide 11: Topic 3: Reliability
Topic 3: Reliability Examples of the spectrum of current GETs application in use across the Dominion Energy Virginia footprint. The electric grid is experiencing a rapid transformation both in terms of the unprecedented growth it must meet and the challenges that come with a changing generation port