Dominion Successfully Integrates Into PJM Interconnection
RICHMOND, Va. – Dominion (NYSE: D) successfully
integrated at 12:01 a.m. Sunday into PJM Interconnection, the nation’s
largest regional transmission organization.
“This is good news for Dominion, our customers,
and shareholders,” said Thos. E. Capps, chairman and chief executive officer.
“The expanded PJM region will make available to Dominion’s customers
about 168,000 megawatts of installed capacity. Integration into PJM benefits
customers by improving reliability, enhancing planning and resource adequacy,
and improving access to economic power supplies.”
Dominion received approval to integrate into
PJM from the Federal Energy Regulatory Commission on Oct. 5, 2004, the Virginia
State Corporation Commission on Nov.10, 2004, and the North Carolina Utilities
Commission on April 19.
Dominion is one of the nation's largest producers
of energy, with an energy portfolio of about 28,100 megawatts of generation,
about 6 trillion cubic feet equivalent of proved natural gas reserves and 7,900
miles of natural gas transmission pipeline. Dominion also operates the nation's
largest underground natural gas storage system with more than 965 billion cubic
feet of storage capacity and serves retail energy customers in nine states.
For more information about Dominion, visit the company's Web site at www.dom.com.
