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Dominion Energy is a leading energy provider in the U.S. focused on electricity and natural gas distribution with a commitment to sustainability.
Dominion Energy, based in Richmond, Virginia, is one of the largest energy producers and distributors in the United States, specializing in electricity and natural gas. The company has a commitment to provide reliable and affordable energy while aiming for net-zero carbon emissions by 2050. As of December 31, 2023, Dominion Energy operates across 15 states and serves approximately 7 million customers, with a significant focus on improving its regulated electric utilities and advancing its renewable energy portfolio. The company manages its operations through several segments, primarily including Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy, which encompasses regulated and nonregulated activities related to electricity generation and distribution.
In its operations, Dominion Energy is heavily investing in the expansion of renewable energy sources such as solar and wind, alongside maintaining its nuclear generation capabilities. The company's capital plans involve significant investment in upgrading infrastructure, enhancing energy conservation, and adhering to environmental regulations. Notable projects include the CVOW Commercial Project, an offshore wind initiative, and efforts to extend licenses for nuclear facilities. By combining its comprehensive energy services with a strong commitment to environmental sustainability, Dominion Energy positions itself for long-term growth in the evolving energy market.
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