Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: FRIDAY, March 6, 1992 TAG: 9203060136
SECTION: BUSINESS PAGE: A-7 EDITION: METRO
SOURCE: Associated Press
DATELINE: RICHMOND LENGTH: Short
The Richmond-based utility also said it will expand its programs to reduce peak electricity demand and delay the need for new plants.
The combination of conservation and slower economic growth will cut the company's expected peak power demand at the end of the century by about 500 megawatts.
Virginia Power has identified sites in Cumberland and Mecklenburg counties for the Southside plant, but it said Thursday it won't need the coal-fired unit before 2001, four years later than originally scheduled.
The lowered growth expectations will not affect the utility's plans to build and operate a 786-megawatt, coal-fired plant at Clover in Halifax County, company spokesman William H. Byrd said. The utility is a partner of Old Dominion Electric Cooperative in that project.
Nor would it change Virginia Power's plan to build a high-voltage transmission line from Lynchburg to near Richmond, Byrd said. He said the utility sees that 765,000-volt line "as an opportunity to expand purchased power from the West and Midwest." That line is planned to connect with Appalachian Power Co.'s proposed line from West Virginia to Cloverdale.
Business editor George Kegley contributed to this story.
***CORRECTION***
Published correction ran on March 13, 1992.
Virginia Power plans to build a 500,000-volt line from Lynchburg to near Richmond. The size of the line was incorrectly reported in the March 6 edition.
Memo: CORRECTION