Dominion Energy Clearinghouse Named Fuel Manager for FPL Energy's Doswell Electricity Generation Facilities.Business Editors RICHMOND, Va.--(BUSINESS WIRE)--Feb. 5, 2002 Dominion Energy Clearinghouse, a business unit of Dominion (NYSE NYSE See: New York Stock Exchange : D), has been named the sole fuel manager and fuel supplier for FPL FPL feline panleukopenia. Energy's Doswell electricity generation facilities in Hanover County, Virginia Hanover County is a county located in the Commonwealth of Virginia. As of the 2000 census, the population was 86,320. A 2007 estimate shows the county's population has grown to 100,721[1]. Its county seat is Hanover Courthouse6. , the parties announced Tuesday. Under a four-year contract that began Jan. 1, 2002, Dominion is providing natural gas and fuel oil to the Doswell facilities, including management of 9 billion cubic feet of natural gas storage, 11 million gallons of fuel oil storage and 125,000 Dekatherms per day of firm natural gas transportation on Dominion Transmission Dominion Transmission is a natural gas pipeline that brings gas from an LNG terminal in Maryland and gas from Ohio and Virginia into extensive natural gas storage fields in Pennsylvania and West Virginia, and also brings gas into New England. It is owned by Dominion Resources. , Inc. and Virginia Natural Gas lines. FPL Energy's Doswell facilities include a 665-megawatt combined cycle A combined cycle is characteristic of a power producing engine or plant that employs more than one thermodynamic cycle. Heat engines are only able to use a portion of the energy their fuel generates (usually less than 50%). The remaining heat from combustion is generally wasted. unit and a recently completed 171-megawatt simple cycle peaking unit. "The fuel supply and management agreement creates economies of both scale and scope in optimizing assets," said Ron Green, president of FPL Energy. "These economies lead to value creation that is shared by the parties." "The Dominion Energy Clearinghouse's extensive portfolio of natural gas storage, pipeline capacity and supply gives us the flexibility to provide fuel both reliably and cost effectively to Doswell," said Kevin T. Howell, president of Dominion Energy Clearinghouse. The Dominion Energy Clearinghouse, headquartered in Richmond, buys and sells electricity, natural gas, fuel oil, coal and emission allowances, and provides a full range of asset management services. It also provides customer service support, transportation, capacity, storage and balancing service along interstate in·ter·state adj. Involving, existing between, or connecting two or more states. n. One of a system of highways extending between the major cities of the 48 contiguous United States. Noun 1. pipelines. Dominion is one of the nation's largest producers of energy. For more information about Dominion and the Dominion Energy Clearinghouse, visit the company's Web site at www.dom.com. FPL Energy is a leading independent producer of clean energy, operating more than 6,420 megawatts and owning more than 5,060 megawatts of natural gas, wind, solar, geothermal ge·o·ther·mal also ge·o·ther·mic adj. Of or relating to the internal heat of the earth. ge , and biomass generating facilities in 13 states. FPL Energy is a subsidiary of FPL Group, Inc. (NYSE: FPL), one of the nation's largest providers of electricity-related services with annual revenues of more than $8 billion. Information is available on the Internet at www.fplgroup.com, www.fplenergy.com, and www.fpl.com. |
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