Dominion Energy, Inc. - D STOCK NEWS

On April 14, 2023, the Virginia State Corporation Commission approved nearly two dozen solar and energy storage projects by Dominion Energy Virginia. These projects will generate over 800 megawatts of carbon-free electricity, enough to power 200,000 homes. Expected fuel savings for customers exceed $250 million in the first decade. The initiative aims to enhance energy reliability and affordability while supporting economic growth in Virginia, projected to deliver more than $920 million in economic benefits and thousands of jobs. Construction costs will add approximately $0.38 to the average residential customer's monthly bill, with completion expected by 2025. Dominion Energy continues its commitment to providing sustainable energy solutions.

Dominion Energy (NYSE: D) announced the retirement of senior vice president & chief nuclear officer Daniel G. Stoddard, effective August 1, 2023, after 17 years with the company. He has overseen the nuclear fleet operations for the past seven years. The company has appointed Eric S. Carr, previously with PSEG Nuclear, as president-Nuclear Operations starting June 5, 2023, and he will take on the chief nuclear officer role on July 1, 2023. Robert M. Blue, CEO, praised Stoddard's leadership in ensuring reliable energy production. Carr brings over 20 years of nuclear industry experience and has managed significant operations in New Jersey. Dominion Energy serves around 7 million customers across 16 states and is committed to achieving Net Zero emissions by 2050.

On April 11, 2023, Dominion Energy highlighted the importance of contacting 811 before any digging project in recognition of National Safe Digging Month. With an alarming statistic of an underground utility line being damaged every nine minutes due to unreported digs, they emphasized safety and compliance as critical factors. Jason Holland, director at Dominion Energy Virginia, stressed that contacting 811 is essential for public safety and service reliability. The press release dispelled five common myths about the 811 process, clarifying that contacting them is free and easy, and crucial for avoiding accidents. Dominion Energy serves over 7 million customers across 16 states and is committed to ensuring reliable and sustainable energy.

Dominion Energy (NYSE: D) will hold its first-quarter 2023 earnings call on May 5, 2023, at 10 a.m. ET. The call will address financial results and relevant topics for stakeholders. A live webcast will be accessible on the investor information pages, and participants can also join via telephone. Replay options will be available for both the webcast and the telephonic call later in the day. Dominion Energy serves approximately 7 million customers across 16 states, focusing on reliable, affordable, and sustainable energy, with a commitment to achieving Net Zero emissions by 2050.

Dominion Energy Utah (DEU) has initiated a hydrogen blending project in Delta, Utah, aimed at reducing emissions. Starting with a 5% hydrogen blend, the project will transition to green hydrogen later this year. DEU plans to prepare its distribution system for hydrogen blending by 2030, affecting around 1,800 customers in Delta and nearby towns including Oasis, Hinkley, and Deseret. This initiative is part of DEU's commitment to achieve net zero emissions by 2050 and has already reduced methane emissions by 38% since 2010. The ThermH₂^™ project reinforces DEU's focus on sustainability and clean energy solutions.