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Dominion Virginia Power recently announced that the company is proposing to build a 1600MW, natural gas-fueled power station in Greensville County at a cost of more than $1 billion. The station, a combined-cycle facility comprising three gas-fired combustion turbines and a steam turbine, will be designed to generate power for 400,000 homes during peak hours.
Pending regulatory approval, the station is expected to be operational in 2019, to meet the projected demand growth. In its first year of operation, the station is likely to provide as much as $8 million in property taxes. The company plans to apply for a Certificate of Public Convenience and Necessity to the State Corporation Commission in July this year. Construction is scheduled to start in mid-2016, subject to SCC and environmental approvals.
David Christian, chief executive officer for Dominion Generation said the company plans to construct “the largest and most efficient natural-gas fueled power station in Virginia” to bring reliable, low-cost energy to its customers.
Virginia Gov. Terry McAuliffe said the project was another great step toward the clean energy portfolio we need to build a new Virginia economy. “This plant will offer clean, reliable and low-cost energy to Virginia homes and businesses and at the same time, the jobs and tax revenue generated will be a positive boost for Greensville County and all of Southside Virginia.”