Dominion Clearinghouse, headquartered in Richmond, Virginia, is the energy trading and marketing operation of Dominion (NYSE: D). We offer reliable, competitively priced services to utilities, cooperatives, municipalities and power marketers.
The Federal Energy Regulatory Commission ("FERC") requires that each entity that is affiliated with Dominion Virginia Power and that has filed a rate schedule providing for sales of energy at wholesale at market-based rate authority (a "Wholesale Marketing Affiliate") must comply with the FERC Code of Conduct (Affiliate Restrictions). The FERC Code of Conduct regulations limit interactions between Dominion Virginia Power and Wholesale Marketing Affiliates.
One of the requirements of the FERC Code of Conduct is that exchanges of market information between Dominion Virginia Power and the Wholesale Marketing Affiliate must be posted simultaneously on the EBB. Market information includes, but is not limited to, non-public information concerning unit status, outage information (scheduled or unscheduled), deratings, heat rates, start-up and other generation costs, fuel cost, fuel transportation, energy price information, available capacity, curtailment, and ancillary services.
This EBB contains the communications or exchange of market information that Dominion Virginia Power shared either directly or indirectly with the Wholesale Marketing Affiliates such as unit status information as a result of joint meetings (Station Tours) where a Wholesale Marketing Affiliate employee tours a Dominion Virginia Power station.
Information posted on this EBB may be reviewed by the public, and will remain on this EBB site for a period of 90 days.
Dominion Virginia Power (DVP) posts the following information, which will remain on this site for a period of 90 days.
DVP hereby discloses the following:
On April 12, 2012 at approximately 4:30 PM, a Dominion Services employee inadvertently shared DVP regulated information via electronic mail with certain DVP Wholesale Marketing Affiliate employees of Dominion Energy Marketing Inc. (DEMI). Specifically, the email message, which was intended for regulated generation employees only, contained information related to two Virginia Electric Power Company day ahead trade transactions. The offers were submitted, via a broker, on April 11, 2012 and both transactions cleared on the IntercontinentalExchange (ICE) for April 12, 2012. Upon realizing the error, a recipient of the email immediately reported the incident to Dominion's Law Department.
The following information was disclosed:
Type of Transactions:
Western PJM Hub Financial Swap based on Real Time LMP index on the PJM Transmission System
Trade One
Begin Date End Date Price (USD) Hourly Volume (MW) Total Volume (MW)
4/12/2012 4/12/2012 36.2500 50.00 800.00
Trade Two
Begin Date End Date Price (USD) Hourly Volume (MW) Total Volume (MW)
4/12/2012 4/12/2012 36.0000 50.00 800.00
Pursuant to the requirements of FERC Order 697, the FERC Affiliate Restrictions, and Virginia and North Carolina Codes of Conduct, Dominion publishes notice regarding the status of the following units on March 13, 2012:
Clover Power Station
The EBB system (EBB - Information Posting) is experiencing performance issues. Dominion is currently working to correct the problem, and will advise when the system is available. The following are the published notices currently posted on the EBB system.
Pursuant to the requirements of FERC Order 697, the FERC Affiliate Restrictions, and Virginia and North Carolina Codes of Conduct, Dominion publishes notice regarding the status of the following units on March 1, 2012:
Chesapeake Energy Center
Units 1, 2 & 4: Offline
Unit 3: Online and running.
February 17, 2012
Dominion Virginia Power (DVP) posts the following information, which will remain on this site for a period of 90 days.
DVP hereby discloses the following:
On February 17, 2012, during an executive planning meeting, a Dominion employee inadvertently disclosed possible outage change information pertaining to two of Dominion’s regulated power stations. The disclosure of information included the power station names and the units. Upon realizing the error, the employee stopped the discussion before any additional information regarding the outage could be detailed. The employee reported the incident to Dominion's Law Department immediately.
The following non-public market information for DVP’s regulated power station was disclosed:
"Dominion is considering the possibility of deferring fossil outage at Chesapeake Energy Center Unit 4 and Mount Storm Power Station Unit 3 from 2012 to sometime in 2013. No final decision has been made."
Below is the Code of Conduct — Price Reporting requirements applicable to buying and selling natural gas and electricity on behalf of Dominion to ensure these activities are conducted according to regulatory requirements.