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Southeast Reliability Project

Southeast Reliability Project. August 2014. Dominion Profile: Power and Natural Gas Infrastructure. Leading provider of energy and energy services in the Midwest, Northeast and Mid-Atlantic regions of the U.S. Dominion’s Core Values Safety Ethics Excellence One Dominion. NY. RI. CT.

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Southeast Reliability Project

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  1. Southeast Reliability Project August 2014

  2. Dominion Profile: Power and Natural Gas Infrastructure Leading provider of energy and energy services in the Midwest, Northeast and Mid-Atlantic regions of the U.S. Dominion’s Core Values Safety Ethics Excellence One Dominion NY RI CT PA IN MD OH WV VA NC

  3. Most Admired Company • Rank Company • 1. NextEra • 2. Dominion • 3. Southern Company • 4. PSEG • 5. Xcel Energy • Dominion ranked first in: (1) People management, (2) use of corporate assets, (3) quality of management, (4) financial soundness and (5) long-term investment.

  4. Valued Corporate Citizen • CR’s 100 Best Corporate Citizens 2014 • Ranked No. 71 among Russell 1000 companies • Five straight years in top 100 • Criteria: environment, climate change, employee relations, human rights, corporate governance, philanthropy, financial • No. 1 ranking in corporate governance

  5. Environmental Compliance • Spent about $2 billion from 1998-2012 • Projects – all at Virginia Power – include: • Scrubbers at Chesterfield, Clover, • Mount Storm • SNCRs at Clover, Altavista, • Hopewell, Southampton • SCRs at Chesterfield, Mount Storm, • Chesapeake, Possum Point • By 2015, upgrades expected • to reduce: • NOx emissions by 84 percent • SO₂ emissions by 97 percent • Mercury emissions by 95 percent

  6. Cleaner Air in Virginia

  7. Project need • The pipeline would provide: • improved supply of natural gas for utilities looking to meet new EPA clean air regulations and use natural gas to generate electricity rather than other fuels • local distribution companies searching for new, less expensive supplies of natural gas for its residential and commercial customers • and industries looking to build or expand their operations.

  8. Natural Gas Pipelines in Virginia

  9. Project details • Length: Approximately 550 miles • Pipe: 42-inch diameter in West Virginia and Virginia; 36-inch diameter in North Carolina; 20-inch to Hampton Roads • Capacity: 1.5 billion cubic feet/day • Three compressor station locations: • West Virginia (near beginning of route) • Central Virginia • Near Virginia/North Carolina state line • Route: The final pipeline route has not been selected. Dominion is conducting surveys and will determine the best route based on landowner input and an assessment of environmental, historic and cultural impacts.

  10. Potential benefits • Economic development activity potential • Property tax revenues • Near-term employment opportunities • Economic activity for local businesses during construction and operation

  11. Regulatory process and expected timeline • The Federal Energy Regulatory Commission (FERC) is the lead agency. If Dominion decides to move forward with the proposed project:

  12. Public participation

  13. Dominion in Highland County • Neighboring county to the Bath County Pumped Storage Station • Educational grant to Highland County H.S. in 2013 • Pipeline within county • 26.3 miles • 78 tracts • 54 percent ok to survey

  14. Right of way

  15. Questions

  16. Website: www.dom.com/SEpipeline Email: SEpipeline@dom.com

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