Virginia passed its first mandatory EERS in 2020, replacing earlier voluntary goals. The updated plan provides recommendations for the future of the Commonwealth’s energy systems that aim to “support technological advances, create new business opportunities, and allow Virginia’s energy markets to grow” (DMME 2018). 6 U.S. Energy Information Administration (EIA), Quarterly Coal Report, October-December 2019 (April 2020), Table 13, U.S. Coal Exports by Customs District. Hydroelectric power is the renewable resource with the greatest generating capacity in Virginia; however, biomass fuels a larger share of the state's electricity generation annually. The state does enable Property Assessed Clean Energy Financing (PACE), but it does not have any active PACE programs. Activate Professional to get unlimited access to more than 3.4b time series and visualizations. 38 Lyons, Paul C., Coalbed methane potential in the Appalachian states of Pennsylvania, West Virginia, Maryland, Ohio, Virginia, Kentucky, and Tennessee—An overview, U.S. Geological Survey Open File Report 96-735 (1996), p. 12. 2 NETSTATE, Virginia, The Geography of Virginia, updated February 25, 2016. The ports in Virginia's Norfolk Customs District processed about 35% of U.S. coal exports in 2019, making it the largest U.S. coal export center. During the 2020 General Assembly session, legislation passed to enable Virginia's participation in the Regional Greenhouse Gas Initiative (RGGI). The state government leads by example by benchmarking energy use and encouraging the use of energy service performance contracts for public buildings. TRO-60116 (October 12, 2017). More than one-third of the country's total coal exports are shipped through the Norfolk Customs District, the largest U.S. coal port, which includes Hampton Roads, Norfolk, and Newport News.24 Although the state has 53 active coal mines, reserves at and production from Virginia's mines are less than 2% of the nation's total, and most of the coal exported from Virginia's seaports is produced in other states.25,26 However, nearly nine-tenths of Virginia's coal was exported to other nations or sent to other states in 2019.27,28, Almost two-fifths of the domestically produced coal used in Virginia is mined in the state. Energy & Financial Markets: What Drives Crude Oil Prices? This average monthly commercial electricity consumption in VA is 48 U.S. EIA, International and Interstate Movements of Natural Gas by State, Virginia, Annual, 2014-19. The largest share of that is used in the industrial sector; the rest is primarily used by the commercial and residential sectors.

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