News
Proposed rate increase by Appalachian Power to be offset by credits
Proposed rate increase by Appalachian Power to be offset by credits By Laurence Hammack laurence.hammack | The Roanoke Times Appalachian Power Co. is proposing an increase to what it charges customers for its fuel, but in a way it says will not result in higher electricity bills. If the State Corporation Commission approves the utility’s […]
Governor Ralph Northam Unveils 2018 Virginia Energy Plan
Commonwealth of Virginia Office of Governor Ralph S. Northam FOR IMMEDIATE RELEASE Date: October 2, 2018 Governor Ralph Northam Unveils 2018 Virginia Energy Plan ~ Plan focuses on increasing investments in solar, wind, energy efficiency, energy storage, and electric vehicles ~ RICHMOND—Governor Ralph Northam today released the 2018 Virginia Energy Plan, which provides a […]
STIHL Inc. names Lorraine Wagner vice president of operations
STIHL Inc. names Lorraine Wagner vice president of operations Virginia Business |October 2, 2018 Stihl Inc. announced that Lorraine Wagner has been promoted to vice president of operation. Wagner will be responsible for all production operations at the company’s U.S. headquarters in Virginia Beach. Wagner joined STIHL in January 2008 as director of manufacturing. She […]
Canada Agrees To Join Trade Accord With US And Mexico; NAM Welcomes Trilateral Agreement
Canada Agrees To Join Trade Accord With US And Mexico; NAM Welcomes Trilateral Agreement. The New York Times (9/30, Rappeport) reports that the US and Canada have reached “a last minute deal to salvage the North American Free Trade Agreement, according to people familiar with the negotiations, overcoming deep divisions to keep the 25-year-old trilateral […]
Richmond Fed’s Manufacturing Index Rose In September.
Richmond Fed’s Manufacturing Index Rose In September. Index jumps to 29 in September, above consensus 20 The numbers: The Richmond Fed manufacturing index rose 5 points to 29, its highest level on record, the regional bank said Tuesday. Economists had forecast the index to come in at 20, according to a survey by Econoday. What happened: The gain was […]
Carbon cap debate focuses on uncertainty for utility customers
Carbon cap debate focuses on uncertainty for utility customers Richmond Times Dispatch | By MICHAEL MARTZ Richmond Times-Dispatch Would a cap on carbon emissions from big power plants make renewable energy a more economical option for electric utilities, or would it simply raise rates for industrial and other customers? Virginia won’t know until it adopts a […]
Tom Knauer Retires as VMA Air Regulation Legal Counsel after 26 Years
Tom Knauer Retires as VMA Air Regulation Legal Counsel after 26 Years – Channing Martin & Williams Mullen Environment and Natural Resources Group Chosen as Replacement- RICHMOND, VA – The Virginia Manufacturers Association (VMA) announced today that its Air Regulation Legal Counsel, Dr. Tom Knauer, will retire by November 1, 2018. Tom has served as […]
Memory chip maker Micron announces $3B expansion in Manassas
Memory chip maker Micron announces $3B expansion in Manassas The AP (8/29) reports Micron Technology “is making a $3 billion investment in northern Virginia to expand its manufacturing facility and add 1,100 jobs.” Virginia Gov. Ralph Northam said that the decision Micron “to expand its Manassas facility is ‘one of the largest manufacturing investments in […]
Richmond Fed’s Composite Manufacturing Index Rose In August.
Richmond Fed’s Composite Manufacturing Index Rose In August. The Wall Street Journal (8/28) reports The Federal Reserve Bank of Richmond’s composite manufacturing index rose to 24 in August from 20 the previous month. Indexes for shipments, the volume of new orders and employment all rose, a report from the Richmond Fed said. The report also […]
Columbia Gas of Virginia wants to raise base rates for typical customer by 7.5 percent a month
Columbia Gas of Virginia wants to raise base rates for typical customer by 7.5 percent a month BY GREGORY J. GILLIGAN | Richmond Times-Dispatch Columbia Gas of Virginia wants to raise its residential base rate to recover costs associated with ongoing infrastructure investment programs. The increase would mean a typical residential customer could see the […]