Dominion Energy, Inc. (NYSE:D) is among the 8 Most Profitable Utility Stocks to Buy Right Now.
TheFly reported on December 22, 2025, Dominion Energy, Inc. (NYSE:D) made a statement in response to a Director’s Order from the United States Department of the Interior ordering a 90-day halt of development on the Coastal Virginia Offshore Wind Project. The company stated that the project is critical to American national security and fulfilling Virginia’s rapidly increasing energy demand, which it defined as the fastest rising in the country. According to the company, this requirement is fueled by the need to provide dependable electricity to the world’s largest warship maker, the highest concentration of data centers worldwide, and infrastructure that supports the advancement of artificial intelligence.
The firm cautioned that stopping the project could risk thousands of jobs, lead to energy inflation, and threaten the reliability of the grid for military, AI, and civilian systems. After Virginia state regulators reviewed the project in 2022, Dominion Energy, Inc. (NYSE:D) stated that it is American-owned and that customers are paying for it. The company also stated that its cyber and physical security systems are overseen by state and federal officials. The company reported that the project is situated 27 to 44 miles offshore, involves a close military partnership, and has been in development for more than ten years. There have been no documented effects on national security during the five years that two pilot turbines have been in operation.
Dominion Energy, Inc. (NYSE:D) is an integrated energy firm.
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