Dominion's data center pipeline reaches 54.9 GW, up 13% this year
Dominion Energy reported 54.9 gigawatts of data center capacity in various stages of contracting as of September, with more than 12 GW under signed electric service agreements.
STATEWIDE — Dominion Energy had 54.9 gigawatts of data center capacity in various stages of contracting as of September, Utility Dive reported Nov. 2 from the company's third-quarter earnings. The total has grown by more than 6 GW, or 13%, since the end of 2025. More than 12 GW is under electric service agreements, the report said. One gigawatt is 1,000 megawatts.
Dominion Energy Virginia reported third-quarter operating earnings of $862 million, up from $679 million a year earlier, according to the company's Oct. 30 earnings release. The release lists a $137 million boost from the 2025 biennial review, $112 million from rider equity returns and $55 million from weather. Weather-normal electric sales in Virginia and South Carolina rose 3.4% over the past 12 months, according to an Oct. 30 earnings call summary from Yahoo Finance.
The same summary says the State Corporation Commission has approved a framework requiring large customers to pay their share of the investments needed to serve them. Dominion's Virginia resource plan update also adds and accelerates 4 GW of solar and 2 GW of battery storage compared with the prior preferred plan.
Coastal Virginia Offshore Wind is about 85% complete, with 44 of 176 turbines installed, Utility Dive reported. The project is on track to finish by the end of 2027, and its budget is $11.65 billion, according to the Yahoo Finance summary.
The SCC's first evidentiary hearing on the NextEra purchase of Dominion Energy (SCC review) begins Nov. 17, Utility Dive reported. SCC staff have proposed 57 conditions for approval. The Yahoo Finance summary lists Jan. 11 as the date for a final order.
The pipeline shows how much data center demand is lining up behind the power lines, substations and rate cases under review across Virginia, and it is the figure regulators and local boards are weighing as they set rules.
What's next
- Nov. 17 SCC evidentiary hearing begins on NextEra's purchase of Dominion Energy
- Jan. 11, 2027 SCC final order date on the merger
Sources
- Utility Dive: Dominion sees $137M net income boost from rate increase (Nov. 2)
- Yahoo Finance: Dominion Energy Q3 earnings call highlights (Oct. 30)
- Dominion Energy: Third-Quarter 2026 Results (Oct. 30)
- The Virginia Pulse: Virginians get their say on the $67 billion Dominion sale
How we source: sources and corrections.
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