Dominion Virginia Power (NYSE:D) asked the Virginia State Corporate Commission (SCC) for a Certificate of Public Convenience and Necessity to build a $1.3 billion natural gas-fired, combined-cycle power station in Greensville County, Virginia.
"Our analysis shows that over the life of this station our customers should save more than $2 billion versus the projected cost for purchasing the same amount of power for customers off the regional power grid," said David Christian, chief executive officer for Dominion Generation. "It will be highly efficient, low cost and very reliable. It will also have excellent environmental attributes and an extremely favorable location for fuel and transmission service."
The station's construction will create more than 1,000 temporary jobs and approximately 45 full-time positions.
If approved, the 1,600-MW Greensville Power Station would enter the construction phase in 2016; and reach operations in 2019.
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