Barclays Capital CEO Energy-Power Conference September 3, 2014
Todays Agenda Atlantic Coast Pipeline Cove Point LNG Export Update Growth Plan Update Virginia Power IRP Summary Investor & Analyst Meeting Please refer to page 2 for risks and uncertainties related to projections and…
Atlantic Coast Pipeline 4
Atlantic Coast Pipeline Project Features Customer commitments 20-year binding transportation agreements reached with multiple end-use customers 90% subscribed Open season for remaining capacity in next few weeks Capacity 1.5…
Atlantic Coast Pipeline Ownership Structure and Timeline JOINT VENTURE AMONG THE FOLLOWING PARTNERS: Dominion Resources* 45% Ownership Structure Duke Energy 40% Piedmont Natural Gas 10% AGL Resources 5% Estimated Cost 4.5 - 5.0…
Atlantic Coast Pipeline Enhancing Diversity of Supply and Deliverability From 2008-2018, 13 GW of new natural gas fired generation will be in-service Virginia Power Virginia Natural or under construction in the 1.8 GW Gas region…
Atlantic Coast Pipeline Project Overview and Benefits Reliability New independent route ensures diversity of supply and deliverability Access to the most prolific and cost competitive natural gas supply in the U.S. Supports…
Additional DTI Opportunity Supply Header Project Project will increase access to diverse Marcellus and Utica gas supplies for ACP customers and other producers Capacity 1 - 1.5 Bcf per day Open season to begin in next few…
Cove Point LNG Export 10
Cove Point LNG Export Key Milestones Key Milestones Date Status DOE Export to FTA Countries October 2011 Approved FERC Pre-Filing June 2012 Completed Ruling in favor of Dominion; Declaratory Judgment with Sierra Club January…
Growth Plan Update 12
Last Years Plan Please refer to page 2 for risks and uncertainties related to projections and forward looking statements. 13
Updated Growth Plan Continues Diverse Plan with Growth Across All Business Units Whats new in this years plan: 18.8 - 19.2 billion Atlantic Coast Pipeline Solar generation 3.4 - 3.8 Electric substation security 4.6 Average annual…
Dominion Generation Planned growth capital (billions) Whats new in this years plan: 18.8 - 19.2 billion Atlantic Coast Pipeline Solar generation 3.4 - 3.8 Electric substation security 4.6 Average annual spend 4.4 of 3.2 billion…
Dominion Generation 2014 2019 2014 2015 2016 2017 2018 2019 Bremo Conversion 5.2 billion planned growth Warren County capex 2014-2019 Warren County Solar Projects Brunswick County Future CC Commercial Offshore Wind…
Dominion Virginia Power Planned growth capital (billions) Whats new in this years plan: 18.8 - 19.2 billion Atlantic Coast Pipeline Solar generation 3.4 - 3.8 Electric substation security 4.6 Average annual spend 4.4 of 3.2…
Dominion Energy Planned growth capital (billions) Whats new in this years plan: 18.8 - 19.2 billion Atlantic Coast Pipeline Solar generation 3.4 - 3.8 Electric substation security 4.6 Average annual spend 4.4 of 3.2 billion 3.1…
Marcellus and Utica Shale Previous Production Forecast 30 25 Future pipeline BCF Per Day 20 takeaway opportunities Utica production* 15 12.5 Bcf/d of incremental firm pipeline take away capacity** 10 5 Marcellus…
Marcellus and Utica Shale Current Production Forecast 30 Future pipeline 25 takeaway Utica production* opportunities BCF Per Day 20 19.3 Bcf/d of incremental firm pipeline take away capacity** 15 10 Marcellus production*…
Dominion Energy 2014 2019 2014 2015 2016 2017 2018 2019 Allegheny Storage Natrium to Market Western Access I & II New Market Project 8.0 8.4 billion Producer Outlet Projects planned growth capex Clarington 2014-2019 Lebanon West…
Producer Outlet Projects Producer Outlet Projects optimize current transmission system to address changing dynamics of Northeast gas flows Incremental transportation services with shorter lead times and minimal capital…
2014 Virginia Power IRP Filing 24
2014 Virginia Power IRP Integrated Resource Plan includes multiple options to meet Virginia Powers long-term power generation needs Plans consider the following: Balancing cost and need for new generation resources Maintaining…
Investor & Analyst Meeting 26
Investor & Analyst Meeting February 2015 Topics for discussion Dominions long-term growth strategy Opportunities and challenges created by proposed EPA regulations on utility generation and natural gas infrastructure Dominion…