well. Slide that and in continue near-record as On national focused Turning safety performance our OSHA service reliable, isn't XXXX our but than it employee intently by be affordability, our averages. XX. performance We achieved and to as rates measured safety lower on regional injury on We're ensuring appropriately to setting affordable affordability remains recordable just rate.
provided Virginia on few our with a week, offshore Slide project on last updates XX. We like start wind project. but Coastal highlights Next several to I'd
in XX% is for project the complete and on schedule XXXX. completion First,
Virginia supported is federal law [indiscernible] and the approved Corporation agencies. Second, and Commission by by State
Third, to world. new largest America's CVOW and generation the the AI much-needed preeminence in will data provide market support in cyber center
created way and most to and Additionally, indirect economical represents Grid. X,XXX Virginia's approximately supply American to jobs deliver activity. CVOW the $X economic the has fastest finally, generated project and gigawatts of billion American in direct X.X And
leaders. and Virginia's bipartisan support addition elective In the having federal to robust of state
energy project with dominance the needs. all-of-the-above to part American securing affordably is strategy of this meet summary, a consistent In of energy goal is comprehensive and energy growing
XXXX, Next, as very coming construction completed a milestones. pieces season. And in this transition installation. and on substation continued progress recent as winter In cableway export monopile installation well days and work first on has the successful offshore we
of on As XX pieces transition began of total. XX, and in December have shown Slide XX completed since on installation installation we
Portsmouth month. installed installation will offshore first on season this were offshore in substations delivered are at [indiscernible] end topside January of The after fall October. this X be in delivered begin the summer and to remaining and to the substation The monopile later track and of completion
equipment, in and thus XXX with have far, materials XXX to transit been Our more loaded out XX monopiles delivered presently. and Virginia successfully
projects either XX% or monopiles Approximately of the awaiting installation. installed are
total. continue have progress, strong have of these transition partner, representing been we EEW, Out to been completed, of XX% the over in weeks. XX to and project's these, XXX make of the deliveries XXX and rolled. Of the been have pieces coming steadily all steel-welded continues successfully expect Our
to final the completed expect We transition October. piece in be
turbines schedule of track. for manufacturing the the our Additionally, on remains
Gamesa, underway as production has Siemens project's the Blade [indiscernible] CVOW additional reminder, month. progress. is XX manufacturing next been sell we is installed now project. fabricated, wind supplier completed and is X and in Wind for West successfully the towers a the operating turbine at Offshore been have with turbine to an model As same expect fabrication now begin
February offshore X quarterly from explanation $X.X We project on a in to $XX.X update of wind the made change regulatory. billion. filing accompanied to Turning billion by construction our costs detailed
few here. a thoughts share me Let
original PJM's proved take great to on organization cost on time despite disappointing. based more about an would First, Since We on low. upgrades, the has months the budgeted having and delivering spared which we've $XXX too initial cost than submission original ago, XX to no million Ultimately, you fidelity institutionally as that estimates, estimate was budget. expect, increase is maintain pride network and estimate. our sufficient for as effort
PJM PJM resources necessary signed New deemed electric that stability ensure integrate electric these resources the grid. and reliability constructed cost by generation generation type, their and of our are regardless of to effectively the within
the estimates in reflect requires cost upgrade network resources the by PJM transmission across demand system. incremental that Higher growth generation increase significant
with cost warrants scope budget. other line I aggregate for have think offshore it that inputs, remained in the original project noting the including
far. construction represented a view Second, though represent contingency not cost much not time to or of final impact largest clearer network now line and we've those have do refreshed the project costs. of unfixed project upgrades project Further, costs. by remaining We X%
risk customers protect and shareholders. as working Third, intended is to cost sharing and sharing
to generation. average continues very increase solar, As new cost-sharing by the a with customer the approved settlement for And gas-fired result our favorably $X.XX residential of bills sources is of battery the and including energy over an customers. generation life update expected the the by per project. alternatives, LCOE updated of of project benchmark of month regulators, CVOW affordable remains one to cost most Virginia the
of portion to $XXX to be expected nonrecoverable million added regulatory recovered the Stonepeak via Energy the base cost than XX% borne will rate Dominion is be rider increase subject million rather Of by or and of increase, shareholders. approval. $XXX XX% to the
costs down, our by informs July, which know very of importance I have analysis estimate. with Finally, significant it We not on the done is of are the revision network information of future would of I it confident cost to a in The estimate, finalize to am the offered. come we've amount against investors insight upgrades the similar the a is if don't updated a magnitude. PJM up guidance but probability around PJM and there our executing critical will cost project focused delivering that or believe now be I updated with updated midyear, and that any into use committed we're estimate. perfect line estimate time, recognize increases. cost on respect in most recent to
feet. sea Finally, of a vessel underway. as XX% last What of are up [indiscernible], a we're trials complete, there on earnings our shown on as to is Slide The XX,XXX its almost height is of XXX ton vessel XX% few and from updates picture fully the full jacked call, showing XX.
trials We of previous fee in the XXXX, be $XXX delivered our with third and also vessel's no quarter. continue There's to expect consistent [indiscernible] early million. cost to in schedule the to CVOW complete to change
centers. data to now Turning
to here. continue developments We exciting see
let few me share a So updates.
total in concentration data Virginia centers Since First, X tracking, approximately Data the center DEV. sales XXX gigawatts stand representing represent sales about we today. things far. of we've today center connected for largest world by nearly where of the capacity. XX% hosts data started
we've a a both substation Virginia centers availability upgraded XXX lines, center bring by address kV as expanding affordable, infrastructure world-class to to and of business reliable This connection of infrastructure the attracted attractive transmission access of enable Laban are continued reconducting demand, new included projects recent our advanced XXXX. and to County, Data energy. that Eastern In customers end expansion workforce, years clean work and we to climate, increasingly connections has Virginia's networks, data to well and on transmission as electric fiber building to expect Virginia. this trained in schedule by complete to line
week, last will XXX County ahead allow be the just kV and that of service Further, in another that the we Loudon region's Eastern expect in us electricity the XXXX, SEC by rapidly stay growing to line to approved needs. year-end
do zone This is is capacity. in acceleration of PJM of to Second, growth. accelerating facility's the on each growth DOM where each go reach we size the ramp be three, driven system; schedule here? load unprecedented two, and magnitude connected orders The centers from full number of the data facility; requesting of by: to to our one, experiencing
X.X% XX%. communicating allow and us received. we order new demand handle an delivery but these implemented now load increase XX.X years. XXXX are approximately XX.X peak point organize per This for as this To to put context, has began XXXX in Slide load PJM for batches we've some changes projected as into of load in XX of the perspective, will customers. next Last shown of estimate, we seen our the updated XX, resulting that from we year an to changes, the forecast, gigawatts For year's PJM on to on year, the system. requests DOMZone peak process change increased increase they our growth projects of Since summer as from estimate how requests into recently serve gigawatts its them on nearly
shown Slide contracted to compares of we've of XXXX, July as XXXX, XX have gigawatts on capacity. of in XX now as an approximately various our gigawatts December gigawatts contracting As updated or center data increase We stages XX, of XX%. XX which around
contracts construction three, of reminder, into authorization; are electrical a and substation two, broken agreements. one of engineering As authorization; these letters letters service
center by the X, company engineering substation required to cost new of the customer. of commitment authorization X XX letters means the engineering from the customer and demand move over requested customer gigawatts a customers We're for data begin serve As studying increases. to obligation has the necessary to currently which infrastructure the stage, within
This the approximately growth [indiscernible] a what's down. X growth batch system, believe gigawatts is the analyzed to XXXX remarkable which increase. as certainly, represents in and ways. the process new July is of several to is this center we that some not naturally get customers of XXX% undeniable to data compares But And We've data Virginia attributable into early. slowing
to it's electric demand gigawatts opportunity. In also X fact, accelerating, and we're authorization, taking enable this the step construction meet begin. data center required that and are contracts infrastructure of that executed construction every There of distribution substation which of about have are letters to
reimburse this stage for in project, customer a the investment to company its obligated elect discontinue to to date. Should a they're
of gigawatt nearly between agreements, nearly electric the increased since represent Finally, in has gigawatts and customer. July This service by service X X to contracts Each often XXXX. usage individual signing for electrical Dominion included a the electricity or time. ESA, contract where By of schedules with grows an an committing certain for annually, customer structured the level is over consume ESA, contracted is ramp account. Energy
Steven of value As to this is for across mentioned, opportunities investment for many chain come. all additional the evidence years
Turning to XX. Slide
business me highlight of additional updates. Let couple a
in joint which capital plan. month. lead the their jointly and process, approvals First, shortlisted agreement incremental our agreement window and A an FirstEnergy. open PJM expected is planning final business the transmission by billion joint of this of proposed with approximately own share and to $X AEP package been has update X-year of on Dominion with ongoing planning will our projects the in spend
capital $X.X in in above annual $X.X transmission beginning transmission combined DEV with XXXX, previously than forecasted. projects, our of we greater billion the this billion will When spend result other
significant Next, evaluate date in South on important energy session Carolina, this spent potential to legislature policymakers legislation. are We're topic. the in continue and of by to appreciative the time
As we've committed we're growing economy. indicated in the supporting Carolina's South past, to
regulatory Virginia. lag as return, for DESC earn including southeastern framework regulatory especially impossible makes the neighboring practically testified, regulated compared lab to it our we've as creates However, to that jurisdictions,
and its provides continues The of by the is be remaining fixed hedging today's Connecticut's of Finally, price of derisked The in late Millstone. under XXXX. to electricity output output on our through XX% contract carbon-free which we've appendix program, XX% over facility updated materials. a significantly
aligning performed factor achieved well XX%, and our expectations XXXX, best-in-class performance During Millstone and of commitment with capacity to of a exemplary safety our unwavering and reflecting operations.
future Millstone. New you England and to additional authorizing find As are engage many of in specifically, Massachusetts continued of multiple activity power, for best procurements recent nuclear there and aimed been to with there's value we've the legislative parties in aware,
have sponsor state be incremental we'll to activity prospect Connecticut. procurement, remain we as time don't well. updates that any the collaborative strongly potential evaluate supporting We with in line needs continue continue announcements. addition a option as for center provide stakeholders to At this We we point, fashion data center in and develop. feel things a In to focused, to of pursued data
investments we execution. customers energy that and collaboration customers We to on the remarks remains our In must setting With operating to me regulators deliver, and XXX% affordable safety We policymakers, dividend and narrowed provide earnings will. our operating we're share that, we reaffirmed continue XX. make schedule continue performance protects and rate, Slide know with per CVOW And and day. our increasingly to guidance sharing stakeholders, powers and on summarize XXXX on earnings shareholders. cost the with We every robust growth reliable, achieved credit that long-term guidance our March we our X range. for year. necessary clean let this near-record focused
questions. your we're that, to take With ready
