Richmond, Va.-based Dominion Resources Inc., the third-largest power-utility owner in the U.S., will spend $4.6 billion on generation through 2018 and immediately begin converting the 227-MW Bremo coal-fired plant, located in central Virginia, to burn natural gas after receiving new state approval, company Chairman and CEO Thomas Farrell II told a Wall Street power-and-energy conference in New York City on Sept. 12.
The company will complete the conversion of three coal-fired plants to burn biomass this year, he added at the Barclays CEO Energy-Power Conference.