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Safe, Resilient, CustomerFocused Infrastructure Society of Utility and Regulatory Financial Analysts Forum Panel 4 Brett Crable, Director New Technology & Energy Conservation

Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

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Page 1: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Safe, Resilient, Customer‐Focused Infrastructure

Society of Utilityand Regulatory Financial Analysts

Forum ‐ Panel 4

Brett Crable, DirectorNew Technology & Energy Conservation

Page 2: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Dominion Energy Profile

Electric Transmission 6,600 miles of transmission lines

Favorable regulatory environment

Electric Distribution  57,600 miles of distribution lines

2.6 million franchise retail customer accounts in VA and NC

Utility Generation 21,500 MW of capacity Balanced, diverse fuel mix Favorable regulatory environment

Merchant Generation 4,700 MW of capacity, including 

nuclear, gas and renewable power

Active hedging program for energy revenue/margins

Gas Transmission Together with Gas Distribution, 

operates one of the largest natural gas storage systems in the U.S.

15,000 miles of pipeline in 11states Cove Point LNG import facility

Gas Distribution

51,300 miles of distribution pipeline and 2.3 million natural gas customer accounts in five states

Power Delivery Power Generation Gas Infrastructure

2

Page 3: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Trends in service territory

3

Richmond

Washington D.C.

Hampton RoadsVA

NC

Virginia became the largest data center market in the country in 2017

Northern Virginia – aka “the epicenter of the Internet –features the highest concentration of tech workers in the entire U.S.

More than 70 percent of the world’s Internet traffic passes through Virginia daily

Large military presence – highlighted by Naval Station Norfolk, the largest naval base in the world

North Carolina #2 solar state

Page 4: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Grid Modernization to address challenges

4

Integrating renewables and                  distributed energy resources

Adapting to customers’ evolvingexpectations for service and information

Improving resiliency and reliability Strengthening physical and cyber security

Page 5: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

What’s Next in Virginia

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• Enables investments to transform the energy grid 

• Enables potential development of 5,500 megawatts in solar and wind power 

• $870+ million in energy efficiency programs over ten years & commitment to EnergyShare 

• Strategic Underground Program, continued investment through 2028

• $1 billion in customer savings, including full pass through of Federal Tax Reform 

• Return to SCC oversight of base rates and earnings www.DominionEnergy.com/next

Governor Northam signs                    Grid Transformation bill into law

Page 6: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Convenience

New Technology

Reliability and Security

Opportunity to Save

Environmental

Energy Efficiency

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Page 7: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

7

SMARTER

Enhanced Customer Experience

STRONGER 03: GREENERGREENER

Improved Resiliency and Security

Embracing Innovation and Renewables

Key Themes

Page 8: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Smart Meters Self-Healing Grid Distributed Generation

Customer Tools & Applications

Grid Resiliency Electric Vehicles

Predictive Analytics Physical & Cyber Security LED/Smart Communities

Adaptive to Renewables

8

SMARTER

Enhanced Customer Experience

STRONGER 03: GREENERGREENER

Improved Resiliency and Security

Embracing Innovation and Renewables

Page 9: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Interdependent Building Blocks

9

Embracing Innovation & Renewables

Distributed Generation

LED/Smart Communities

GREENER

Electric Vehicles

Improved Resiliency and Security

Adaptive to Renewables

Self‐Healing Grid

Grid Resiliency

STRONGER

Predictive Analytics

Smart Meters

Customer Tools & Applications

SMARTER

Enhanced Customer Experience

Physical & Cyber Security

Page 10: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

SMARTER – Smart Meters

10

Embracing Innovation & Renewables

Distributed Generation

LED/Smart Communities

GREENER

Electric Vehicles

Improved Resiliency and Security

Adaptive to Renewables

Self‐Healing Grid

Grid Resiliency

STRONGER

Predictive Analytics

Smart Meters

Customer Tools & Applications

SMARTER

Enhanced Customer Experience

Physical & Cyber Security

• Foundational for grid mod - essential information for customers, renewable integration and utility operations

• 100% full deployment (currently 15%)

• Improved customer responsiveness through remote capabilities

Page 11: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

STRONGER – Grid Resiliency

11

Embracing Innovation & Renewables

Distributed Generation

LED/Smart Communities

GREENER

Electric Vehicles

Improved Resiliency and Security

Adaptive to Renewables

Self‐Healing Grid

Grid Resiliency

STRONGER

Predictive Analytics

Smart Meters

Customer Tools & Applications

SMARTER

Enhanced Customer Experience

Physical & Cyber Security

• More robust construction standards

• Strengthening main-line circuits

• Enhanced vegetation control

Page 12: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

GREENER – Distributed Generation

12

Embracing Innovation & Renewables

Distributed Generation

LED/Smart Communities

GREENER

Electric Vehicles

Improved Resiliency and Security

Adaptive to Renewables

Self‐Healing Grid

Grid Resiliency

STRONGER

Predictive Analytics

Smart Meters

Customer Tools & Applications

SMARTER

Enhanced Customer Experience

Physical & Cyber Security

• More renewable offerings

• Pilot emerging technology

• Microgrids, battery storage

Page 13: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Interdependent Building Blocks

13

Improving Resiliency & Reliability

Integrating Renewables

Customers’ Evolving Expectations

Strengthening Physical& Cyber Security

Page 14: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Grid Modernization – Benefits

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Improving resiliency and reliability

Integrating renewables and     distributed energy resources

Adapting to customers evolving expectations for service and information

Strengthening physical and cyber security

Customer Benefits Fewer outages, faster restoration Powers our modern lives; “open for business” More information and control over energy use

Societal Benefits Reduction in Greenhouse Gases Savings from cleaner tech like LED street lights 

and Electric Vehicles Benefits for the Company

Efficient Operations Optimized Investments Improved physical and cyber security

Page 15: Safe, Resilient, Customer Focused Infrastructure · Safe, Resilient, Customer‐Focused ... 2.6 million franchise retail customer ... Improving resiliency and reliability Strengthening

Thank You