Post by lookingforatenbagger on Aug 29, 2023 16:14:29 GMT
D PR 5/22/23: "Once completed, it will be the largest renewable energy project ever developed at a U.S. airport. It will generate up to 100 megawatts (MW) of solar energy and store up to 50 MW of power, enough clean energy to power more than 37,000 Virginia homes at peak output. All the energy produced will serve Dominion Energy Virginia customers."
"The project will be developed across 835 acres located in the southwest corner of Dulles International Airport. Construction will begin in late 2023 and is expected to be complete by late 2026."
news.dominionenergy.com/2023-08-22-Dominion-Energy,-Airports-Authority-break-ground-on-solar-and-energy-storage-project-at-Dulles-International-Airport
Apparently they plan to place the solar farms in the acres of empty land surrounding the runways. It sounds more like harvesting Federal subsidies than actually cost effective energy production.
D is the primary power company to Loudoun County, and its hundreds of data centers. Loudoun has the highest concentration of fiber lines in the use with 70% of the world's internet traffic passing through the county. One would think the power used by these energy hogs would make D a slam dunk. I did. It hasn't.
D is down ~25% this year with a PE of 18 and a dividend yield of 5-1/2%. about 1/4 of D's power is generated by nuclear plants and apparently this is a problem with the local greens. D goes out of its way to placate these extremist and squirreling money away for the future day when the plants will be de-commissioned. I doubt the Dulles greenwashing will help.
"The project will be developed across 835 acres located in the southwest corner of Dulles International Airport. Construction will begin in late 2023 and is expected to be complete by late 2026."
news.dominionenergy.com/2023-08-22-Dominion-Energy,-Airports-Authority-break-ground-on-solar-and-energy-storage-project-at-Dulles-International-Airport
Apparently they plan to place the solar farms in the acres of empty land surrounding the runways. It sounds more like harvesting Federal subsidies than actually cost effective energy production.
D is the primary power company to Loudoun County, and its hundreds of data centers. Loudoun has the highest concentration of fiber lines in the use with 70% of the world's internet traffic passing through the county. One would think the power used by these energy hogs would make D a slam dunk. I did. It hasn't.
D is down ~25% this year with a PE of 18 and a dividend yield of 5-1/2%. about 1/4 of D's power is generated by nuclear plants and apparently this is a problem with the local greens. D goes out of its way to placate these extremist and squirreling money away for the future day when the plants will be de-commissioned. I doubt the Dulles greenwashing will help.