Dominion Power 2015 Annual Report Download - page 4

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DOMINION RESOURCES 2015 SUMMARY ANNUAL REPORT
2
EXECUTING
ON TODAY’S
GROWTH PLAN
MOUNT STORM TO DOUBS
500 KV REBUILD
In mid-2014, Dominion Virginia Power
completed a three-year rebuild of the
Mount Storm to Doubs 500-kilovolt
transmission line. The $336 million
project increased capacity by two-thirds
in the transmission corridor serving
fast-growing Northern Virginia. Over the
next five years, your company plans to
spend about $700 million per year to
strengthen and improve our electric
transmission network.
$1.06B
IN NEW ELECTRIC TRANSMISSION
ASSETS IN 2015
NATURAL GAS
INFRASTRUCTURE
As utilities develop compliance
strategies for the U.S. Environmental
Protection Agency’s (EPA’s) proposed
Clean Power Plan, natural gas likely will
replace coal as the fossil fuel of choice
to generate electricity, and serve as a
backup source to intermittent renewable
generation. Those utilities will need
greater access to natural gas supplies.
Our gas infrastructure buildout plan
is expected to increase natural gas
transportation and reliability by 3.6 billion
cubic feet per day. These projects,
including the Atlantic Coast Pipeline,
represent more than $6 billion in invest-
ments from Dominion and its partners.
Dominion is investing in new
pipelines, compressor stations and
storage to meet the needs of our
customers — whether those customers
are gas producers, power producers or
end-use gas or electric utilities.
3.6B
CUBIC FEET PER DAY OF
ADDITIONAL PIPELINE CAPACITY
EXPECTED, 2016–2020