Infrastructure · 30 October 2026 · 5 min read
Dominion’s data-centre figure is over 54 gigawatts in various stages. The signed agreements are over 12
On the 30 October call, the chief financial officer said the company has over 54 gigawatts of data-centre capacity in various stages of contracting, including over 12 gigawatts under electric service agreements. He said more than 6 gigawatts of contracts, or 13 percent, had been added since the end of last year. A write-up that calls the whole queue contracted is using a different sentence.
Steven Ridge, Dominion Energy’s executive vice president and chief financial officer, said this on the 30 October call, in the transcript published the same day: “We now have over 54 gigawatts of data center capacity in various stages of contracting, including over 12 gigawatts of capacity contracted under electric service agreements.” Various stages is the wide category. An electric service agreement is the narrower one, and it sits inside the 54. Over 12 is not a second pile to add to over 54.
The next sentence is the one that gets flattened. Ridge said the company had added “over 6 gigawatts of contracts or 13% since the end of last year.” The transcript does not say whether those 6 gigawatts are electric service agreements or the wider queue, and a percentage without a base is not a megawatt-hour. This desk has that transcript, not a slide that might carry a decimal. Same-day accounts that describe about 55 gigawatts as contracted capacity are describing a different sentence from the one he spoke.
What that sentence does not contain is a data centre that has been switched on. On the same call, chairman and chief executive Robert Blue said the Coastal Virginia Offshore Wind project was approximately 85 percent complete, with 44 turbines installed “representing more than 640 megawatts of generating capacity.” That is a count of machines in the water. It is not the 54 gigawatts, and installed capacity is not energy a customer has already taken.
Ridge also said Dominion is bringing the data-centre customers on “by utilizing a large load framework approved by the Virginia State Corporation Commission,” so that they “pay their fair share” of the investments and stranded-cost risk is mitigated. A tariff is a rule about who pays. It is not a connection date. Letters of agreement, in another utility’s slides this week, are the part of a headline gigawatt figure that is not a take-or-pay contract. Dominion’s own split, on this call, is the one to use here: over 54 gigawatts in various stages, over 12 under electric service agreements.