New IRP not a “good faith decarbonization plan,” says national business group Advanced Energy United
[editor's note: this press release originally stated this was Dominion's first IRP since the VCEA was signed into law. It is Dominion's first IRP since the law went into effect.]
RICHMOND, VA, May 2, 2023 – This week, Dominion Energy Virginia filed its first Integrated Resource Plan (IRP) since the Virginia Clean Economy Act (VCEA), Virginia’s landmark energy law, went into effect in July of 2020. Today, Advanced Energy United, the business association that supported passage of the VCEA, criticized Dominion’s new approach for meeting the law’s requirements.
“We have seen this play from Dominion before. Its latest resource plan is yet another example of this utility picking a forecast that suits its business interests,” said Kim Jemaine, director at Advanced Energy United (formerly AEE). “Dominion chooses a questionable energy load forecast as justification for cherry-picking preferred technologies, preserving existing fossil-fuel facilities, and calling for new investment in gas fired resources. In our view, Dominion has not developed a good faith decarbonization plan that fully aligns with the Virginia Clean Economy Act, Virginia’s landmark energy law.”