Energy

Business in Virginia is moving with energy. With its robust and plentiful reserve of natural resources and unique, centralized geographic location, Virginia is home to more than 400 energy companies, and plays a key role in energy domestically and internationally.

Virginia's Energy Industry

  • Virginia is leading the charge to develop offshore energy, expand renewables and advocate on behalf of traditional fuels
  • Virginia's energy sector covers traditional sectors such as power generation and mining, as well as emerging areas like smart grid technology and renewable fuels
  • Employs 28,800 people primarily in conventional utilities (8,500 employees), conventional fuel mining and processing (5,300 employees) and nuclear equipment and power (6,800 employees). These three sectors comprise 71 percent of all energy employment
  • Electricity is generated by 131 power plants using fossil fuels, nuclear power, biomass, methane, water and municipal waste
  • Virginia is home to 400 energy companies with 650 locations across the state, including three of the nation's 72 waste-to-energy plants
  • Virginia's energy industry has a direct economic output of $18.3 billion
  • In the past 10 years, 84 energy industry projects have announced more than 3,700 new jobs and investment of $4.5 billion

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Contact Info Virginia

Contact Name:
Antje Abshoff, Managing Director of Europe

Address:
State of Virginia, European Office
Pacellistr. 6-8
80333 Munich, Germany
Mobile: +49 172 423 7646
Email: aabshoff@vedp.org
www: www.vedp.org 

State Demographics Virginia

Region: Atlantic
Population: 8.47 m (2017) -> 8.41 m
Gross State Product: 494 billion (2016)
Exports: 16.52 b (2017)
Labor Force: 4.31 m (2017)
Unemployment Rate: 3.6 % (10/2017)
Per capita real GDP: $ 52,957 (2016)
Capital City: Richmond
Principal Cities: Arlington, Alexandria, Chesapeake, Hampton, Norfolk, Virginia Beach

Virginia Events Calendar

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C.A.S.E. Call Centre

Ursula Becker

+32 488 331 972

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Mon - Fri: 9:00 - 17:00