Q&A: Dominion Energy, the Regional Greenhouse Gas Initiative and Virginia’s Push Toward Renewables
By Jake Bolster
On the last day of July, the Virginia registrar formalized Republican Gov. Glenn Youngkin’s push to remove Virginia from the Regional Greenhouse Gas Initiative (RGGI), a market-based approach to limiting greenhouse gas emissions by the state’s power producers that funnels money toward climate mitigation projects across the Commonwealth.
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.