Dominion backs RGGI auction procurement strategy, discloses pending secondary market purchase

Published 22:31 on April 28, 2021  /  Last updated at 22:31 on April 28, 2021  /  Americas, US  /  No Comments

Dominion Energy argued its auction-centric RGGI procurement strategy is a prudent approach to meet compliance obligations at a electricity rate hearing Wednesday, while adding the Virginia-based utility is also working on a multi-year secondary market purchase to cover CO2 output.

Virginia-based utility Dominion Energy on Wednesday argued its auction-centric RGGI allowance procurement strategy is a prudent approach to meet compliance obligation under the carbon markets, while noting the company is also working on a multi-year secondary market purchase to cover CO2 output.

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