Dominion Launches Web Site for Energy Professionals.Business Editors/Energy Writers RICHMOND, Va.--(BUSINESS WIRE)--Oct. 18, 2000 Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. (NYSE NYSE See: New York Stock Exchange : D), the nation's largest fully integrated electric power and natural gas company, has launched a major new Internet See Web 2.0 and Internet2. site offering energy professionals a wide variety of accessible energy news, information and services. The new site, www.domenergypro.com, offers those involved in buying, selling or trading energy a single source for energy news and information. The site is a service of Dominion Energy Direct Sales Inc. (DEDS DEDS Discrete Event Dynamic System DEDS Data Entry Display System DEDS Digital Error Detection System DEDS Digital Error Detection Subsystem DEDS Data Exchange and Distribution System ) and Dominion Evantage, both Dominion Energy subsidiaries. It helps visitors make better-informed, strategic energy decisions and reduces the uncertainty surrounding the purchase of energy in today's volatile markets. It also offers information on Dominion's extensive energy-analysis, management and monitoring services The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. and its retail energy sales and service options. "With deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. , evolving energy markets and advancing technologies, the energy field has become extremely complex," said Thomas F. Farrell II, chief executive officer of Dominion Energy. "This site offers professionals in the field a simple, dependable and accessible source of news and information they need to make sound business decisions." New and existing DEDS and Dominion Evantage commercial, industrial and governmental customers also can access their accounts and other related information via the new Internet site. The site offers an aggregated industry news service that provides current information on energy and related fields. The site also offers real-time access to NYMEX-related articles and information. Soon to be added is an in-depth weather information service specifically targeting the energy industry. In addition, Dominion Energy Direct Sales plans to begin selling electricity to small and medium commercial and industrial customers via the site in early 2001. Although some of the site's features are readily accessible to visitors, a simple, free registration process is required to reach the full extent of its informational offerings. The registration process provides information used to guide development of future service or informational offerings. About Dominion Energy Direct Sales Inc. Dominion Energy Direct Sales Inc. (DEDS) is the retail electricity and natural gas marketing subsidiary of Dominion Energy. It provides low-cost commodity services and superior customer service to retail, industrial and commercial markets throughout the Northeast, Mid-Atlantic and Midwest areas of the country. Building on the strengths and assets of the Dominion family and with the latest technology, DEDS gives customers lower costs for electricity and natural gas, while raising delivery reliability. About Dominion Evantage Dominion Evantage partners with customers to secure substantial energy savings through greater efficiency, experienced management of energy use, help with energy-related construction and retrofit ret·ro·fit v. ret·ro·fit·ted or ret·ro·fit, ret·ro·fit·ting, ret·ro·fits v.tr. 1. To provide (a jet, automobile, computer, or factory, for example) with parts, devices, or equipment not in projects and obtaining maximum benefits from today's rapidly changing energy markets. About Dominion Dominion, headquartered in Richmond, Va., is the nation's largest fully integrated natural gas and electric power company. Dominion has about 4 million retail gas and electric customers, about 20,000 megawatts of electric power generation today, growing to more than 28,000 megawatts of unregulated Adj. 1. unregulated - not regulated; not subject to rule or discipline; "unregulated off-shore fishing" regulated - controlled or governed according to rule or principle or law; "well regulated industries"; "houses with regulated temperature" 2. power generation through 2005, 2.8 trillion cubic feet of natural gas and oil reserves Oil reserves refer to portions of oil in place that are claimed to be recoverable under economic constraints. Oil in the ground is not a "reserve" unless it is claimed to be economically recoverable, since as the oil is extracted, the cost of recovery increases incrementally , and a 7,600-mile natural gas pipeline system with more than 650 billion cubic feet of annual throughput. Dominion also operates North America's largest natural gas storage system, with more than 850 billion cubic feet of storage. For more information on Dominion, visit the company's website on the Internet at http://www.dom.com . This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to various risks and uncertainties. For a discussion of factors that may cause actual results to differ from management's projections, forecasts, estimates and expectations, please refer to our filings with the SEC, including our most recent Quarterly Report on Form 10-Q Form 10-Q See 10-Q. . |
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