Dominion Energy Responds to 90-Day Suspension of Coastal Virginia Offshore Wind Project

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responded to a U.S. Department of Interior's Bureau of Ocean Energy Management (BOEM) Director's Order for a 90-day suspension of work on the Coastal Virginia Offshore Wind (CVOW) project. Dominion Energy, Inc. issued a press release emphasizing the critical importance of the CVOW project for national security and Virginia's energy needs. The company highlighted the project's role in powering critical infrastructure, including warfighting installations and data centers, and its benefits to Virginia customers. Dominion Energy stressed the need to continue the project to avoid grid reliability issues, energy inflation, and job losses.

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About Dominion Energy Inc.

Dominion Energy Inc. is a leading energy utility company based in Richmond, Virginia. It primarily operates in the energy production, transmission, and distribution sectors, catering to millions of customers across different regions. The company's key focus is on generating and delivering reliable electricity and natural gas, with an emphasis on sustainable and clean energy solutions. As part of its commitment to environmental stewardship, Dominion Energy is heavily investing in renewable energy sources, such as wind and solar power, while also maintaining a robust infrastructure for traditional energy sources. Dominion Energy's strategic role in the financial market is underscored by its impact on the utilities sector, which is crucial for economic stability and growth. The company’s initiatives in reducing carbon emissions and enhancing grid efficiency are significant as sustainability becomes a priority worldwide. Beyond energy production and distribution, Dominion Energy also manages gas transmission and storage, contributing to energy security in the regions it serves. As a key player in the energy transition movement, Dominion Energy Inc. continues to influence the market dynamics with its comprehensive approach to energy management and sustainability.