Dominion Energy sets annual RGGI carbon allowance target and hedging strategy

Published 21:05 on November 10, 2020  /  Last updated at 23:32 on November 10, 2020  /  Americas, US  /  No Comments

Utility Dominion Energy plans to build a RGGI allowance bank and cover roughly a fourth of its annual obligations via quarterly cap-and-trade auctions, with the Virginia-based company aiming to recoup these costs on electricity bills, according to newly published documents.

Utility Dominion Energy plans to build a RGGI allowance bank and cover roughly a fourth of its annual obligations via quarterly cap-and-trade auctions, with the Virginia-based company aiming to recoup these costs on electricity bills, according to newly published documents.

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