American City Business Journals
Dominion Energy confirmed in its second-quarter earnings call Monday that Loudoun County’s data center industry has outpaced the utility’s capacity to deliver electricity, characterizing the problem in perhaps softer terms than shocked industry and public officials have heard so far, but still leaving plenty of questions unanswered. “We've identified the need to accelerate our previous plans for new transmission and substation infrastructure in this area of eastern Loudoun County, bringing it forward by several years,” Bob Blue, Dominion’s (NYSE: D) president and CEO, said on the call, referring to Data Center Alley north of Dulles International Airport. The bit about not being at current facilities' limits might represent a small bright spot for developers and investors who’ve invested tens of millions of dollars in new data centers on the assumption that the necessary power would be available when it came time to open for business.