Dominion Power 2011 Annual Report Download - page 21

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/ 2011 Summary Annual Report / Dominion Resources / 19.
Business Lines
• Naturalgastransmission
andstorage
• Naturalgasdistribution
• Producerservices
2011 Highlights
• Beganconstructingthe
$500millionNatrium
processingfacilityin
MarshallCounty,W.Va.,
expectedtobecompleted
inlate2012.
• Movedforwardontime
andonbudgetwith
gatheringenhancements
inOhioandWest
Virginia,theAppalachian
Gatewayprojectand
expansionoftheHastings
processingfacility,
alsoinWestVirginia.
• AppliedforU.S.Department
ofEnergypermissionto
operatetheCovePoint
liqueednaturalgas(LNG)
facilityinLusby,Md.,
bothasanimporterand
exporterofLNG.
2012 Outlook
• Maintainasuperior
safetyrecord.
• Continuetoinvestin
infrastructureinthe
MarcellusandUtica
Shaleregionsto
meettheneedsofthe
producer community
andthemarketplaceand
completeNatriumPhaseI.
• Completegathering
enhancementsand
AppalachianGateway,
including110miles
ofpipelineandfour
compressorstations.
Operatesthenation’slargestnaturalgasstorage
system;anetworkof11,000milesofnaturalgas
transmission,gatheringandstoragepipelines;a
naturalgasdistributionsystemserving1.3million
customeraccountsinWestVirginiaandOhio;and
aliqueednaturalgasterminalinMaryland.Italso
includestheproducerservicesfunction.
Business Lines
• Utilitypowerproduction
• Merchantpower
production
2011 Highlights
• Completedthe
590-megawattBear
Gardennaturalgas-red
combined-cyclepower
stationinCentralVirginia
onbudgetandontime.
• Completedupratesattwo
coal units at Mount Storm
andChestereld.
• Beganoperationof
anewscrubberat
Virginia’sChestereld
PowerStationtoreduce
emissionsfromthree
coal-redunits.
2012 Outlook
• Maintainasuperior
safetyrecord.
• Bringonlinethe
585-megawattcoal-and
biomass-redVirginia
CityHybridEnergyCenter
inSouthwestVirginia.
• Beginconstructionon
the1,300-megawatt,
gas-redcombined-
cyclefacilityinWarren
County,Va.,and,once
VirginiaSCCapprovals
areobtained,begin
convertingthreesmall
unitsatAltavista,
Southamptonand
Hopewellfromcoal
tobiomass.
Operatesthecompany’seetofregulatedpower
stationsservingitselectricutilityfranchise,aswell
asamerchantpowereetsupplyingwholesale
marketsintheNortheastandMidwest.Together
theyaccountforapproximately28,000megawatts
ofgeneration.
/ 2011 Summary Annual Report / Dominion Resources /