ONE Future Welcomes Dominion Energy
ONE Future Welcomes Dominion Energy
-Natural Gas Coalition Membership Reaches 16-
Houston, TX – Nov. 15, 2018 – ONE Future Coalition (ONE Future) announced today that Dominion Energy [NYSE: D] has joined the coalition bringing the total number of member companies to 16.
Dominion Energy is one of the nation’s largest producers and transporters of energy, with a portfolio of approximately 26,000 megawatts of electric generation; 14,800 miles of natural gas transmission pipeline; 51,800 miles of natural gas distribution pipeline; 6,600 miles of electric transmission lines; and 57,900 miles of electric distribution lines.
ONE Future member companies represent the entire natural gas value chain and with the addition of Dominion Energy, now account for approximately 10% of the total natural gas production, 32% of the US natural gas transmission miles and 9% of the US natural gas distribution.
“Dominion Energy has already made great strides on their own to reduce methane emissions,” said Richard Hyde, Executive Director, ONE Future. “As our coalition continues its rapid growth, we’re pleased that Dominion Energy has chosen to join, and we look forward to what they bring to the group.”
“For over 10 years, Dominion Energy has taken voluntary actions to reduce methane emissions in our natural gas business. Since 2008, our industry leading methane reduction programs have resulted in saving more than 10 Bcf, equivalent to removing over 115,000 cars from the road,” said Diane Leopold, president and CEO of Dominion Energy’s Gas Infrastructure group. “We look forward to leveraging the emission reduction efforts we already have underway as part of our entry into ONE Future. ONE Future’s work and partnership with the EPA is commendable and we are proud to join this coalition focused on leading the industry to reduce methane.”
About Dominion Energy
Nearly 6 million customers in 19 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). The company is committed to sustainable, reliable, affordable, and safe energy and is one of the nation’s largest producers and transporters of energy with over $80 billion of assets providing electric generation, transmission and distribution, as well as natural gas storage, transmission, distribution, and import/export services. As one of the nation’s leading solar operators, the company intends to reduce its carbon intensity by 50 percent by 2030. Headquartered in Richmond, Va., Dominion Energy contributes more than $20 million annually to the communities it serves and actively supports veterans and their families. Please visit www.DominionEnergy.com, Facebook or Twitter to learn more.
About ONE Future
ONE Future was formed when eight companies came together in 2014 with a focus to collectively achieve a science-based average rate of methane emissions across our facilities equivalent to one percent (or less) of total natural gas production. Since our formation, we have grown to 16 companies accounting for the some of the largest natural gas producers, transmission and distribution companies in the U.S. ONE Future members operate in 11 out of the 19 production basins and other segments of the value chain operate in multiple regions of the country, hence ONE Future’s data represent a geographically diverse and material share of the U.S. natural gas supply chain. Its members include Antero Resources, Apache, Berkshire Hathaway Pipeline Group, BHP, Dominion Energy, Equinor (formerly StatOil), EQT, Hess, Kinder Morgan, National Grid, Jonah, Southern Company Gas, Southwestern Energy, Summit Utilities, and TransCanada, for more information visit www.onefuture.us.