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Virginia is strategically located on the U.S. East Coast, adjacent to Washington, D.C. Two thirds of all U.S. consumers live within 1,200 kilomters of Virginia.


Virginia Economic
Development Partnership

901 East Byrd Street
P.O. Box 798
Richmond, VA 23218-0798
USA
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Inquiries:
(804) 545-5700 (Domestic)
(804) 545-5750 (International)
(804) 545-5600 (General)
(804) 545-5805 (Media)


Skip Navigation Links Home > Business Sectors > Energy

Virginia's Energy Industry
Virginia's Energy Contact:
Mike Carruth
Project Manager . Business Development . Science & Research Team
804-545-5747
MCarruth@YesVirginia.org

Virginia's Energy Industry
In the past ten years, 56 Energy Industry projects have announced more than 2,700 new jobs and investments of $2.1 billion. Recent major announcements include: ABB, American Wood Fibers, AREVA, Babcock & Wilcox, Dominion, Equitable Resources, H2Gen Innovations, Matrix Technologies, Synergy Biofuels, and Western Refining.

  • Employs more than 36,700

  • Electricity generated by fossil fuels, nuclear power, biomass, methane, hydroelectric, and municpipal waste

  • Consists of 1,243 establishments; 361 in the Waste Products sector, 230 in the Generation sector, and 194 in the Fossil Fuel sector

  • Direct economic output of $14.6 billion

  • Central location on the Atlantic Coast provides interstate and rail access to the Northeast, Southeast, and Midwest

  • Access to international markets provided by the Port of Hampton Roads and Washington-Dulles International Airport

Click Graphic for Interactive Map

Energy companies doing business in Virginia

Energy Industry Employment in Virginia, 2007



In 2007, Virginia's Energy Industry employed more than 36,700 people. The top three Energy sectors by employment are Power Generation (7,600), Waste Products (7,600), and Fossil Fuel Sources (7,100). These three sectors comprise 61% of all Energy Industry employment in Virginia. Virginia's Energy Industry covers traditional sectors such as power generation and mining, as well as emerging areas like waste products and renewable fuels. The economic output of Virginia's Energy Industry is $14.6 billion. Energy supports an additional $6.4 billion in economic activity in Virginia.

Energy Industry Firms in Virginia, 2007



Virginia is home to 1,243 Energy companies. The top three sectors for the Energy Industry are Waste Products (361), Power Generation (230), and Fossil Fuel Sources (194). These three sectors comprise 63% of Virginia's Energy companies.

Major Energy Companies in Virginia

Virginia has 1,243 Energy companies involved in energy production, delivery, equipment, and support.

Major Energy Companies in Virginia
ABB
AES
AEP
Allegheny Energy
Alpha Natural Recourses
AREVA
Babcok &Wilcox
BP
Bucyrus International
Colonial Pipeline
Columbia Gas
Consolidation Coal
Covanta
Delta Star
Dominion
ExxonMobil
Halliburton
Joy Mining Machinery
Line Power
Massey Energy
Paramont Coal
PEPCO
Virginia Transformer
Western Refining

Virginia's Skilled Workforce

Selected Energy Products Occupations
Virginia Employment
Virginia Mean Wage
U.S. Mean Wage
Computer support specialists
19,230
$22.88
$21.78
Electrical and electronic engineering technicians
5,420
$26.73
$25.23
Electrical and electronics repairers, powerhouse, substation, and relay
880
$28.27
$27.98
Electrical engineers
7,140
$39.67
$39.47
Industrial machinery mechanics
7,410
$21.05
$21.16
Laborers and freight, stock, and material movers, hand
50,050
$11.26
$11.46
Machinists
6,820
$17.76
$17.49
Maintenance and repair workers, general
37,100
$17.89
$16.51
Mechanical engineers
7,860
$36.88
$36.12
Nuclear engineers
1,330
$49.58
$46.70
Nuclear technicians
380
$32.94
$31.66
Office clerks, general
125,600
$13.49
$12.48
Petroleum engineers
210
$47.70
$54.75
Power plant operators
560
$21.95
$27.41
Secretaries, except legal, medical, and executive
17,410
$16.53
$14.04

Education and Training

The Virginia Community College System provides education and training programs for Virginians and Virginia businesses. Degree programs include:

  • CAD/CAM

  • Engineering Technology

  • Industrial Electronics,

  • Industrial Production

  • Industrial Technology

  • Mechanical Engineering Technologies

  • Mining Technology

  • Welding

Virginia's annual labor force growth includes over 16,000 skilled workers exiting the military each year.