JOURNAL ARTICLE

Dominion Considers Small Reactors at Virginia Nuclear Plant.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Wade, Will 3 of 3

Abstract

Dominion Energy Inc. is seeking proposals from nuclear-technology companies for new reactors at its North Anna nuclear plant in Virginia. The company plans to recover development costs from customers, as authorized by a state law signed by Governor Glenn Youngkin. This announcement follows President Joe Biden's signing of legislation to promote wider use of nuclear energy. Dominion is specifically interested in small modular reactors, which supporters claim would be faster and cheaper to build than conventional reactors. The company believes that these reactors could play a crucial role in meeting Virginia's growing demand for reliable and clean power. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/07, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2024
  • Accession Number:178356297
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