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That means the pipeline would provide as much gas as 27.88% of North Carolina’s total natural gas usage from 2022, including power generation, industrial use and residential use.
The energy company’s planned new pipeline would span three counties in northern North Carolina. It could be in service as soon as 2027. Dominion plans 45-mile pipeline to boost natural gas flow ...
Dominion Energy, Inc., commonly referred to as Dominion, is an American energy company headquartered in Richmond, Virginia that supplies electricity in parts of Virginia, North Carolina, and South Carolina and supplies natural gas to parts of Utah, Idaho and Wyoming, West Virginia, Ohio, Pennsylvania, North Carolina, South Carolina, and Georgia.
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Gas has nearly equaled the generation by nuclear since 2016. The state was also a top-ten state in the nation for production of nuclear energy. [3] By the end of 2020 North Carolina had the third-highest solar generation and installed capacity in the nation at 5,260 megawatts, surpassed only by California and Texas.
On July 5, 2020, Dominion Energy and Duke Energy announced that they would cancel the project due to legal uncertainty and delays concerning the project's costs. [30] [31] On the same day, Berkshire Hathaway Energy announced it had reached an agreement to acquire Dominion Energy's gas transmission and storage business for $9.7 billion. [32]