Tuesday, March 1, 2011

Dominion Virginia Power Unchanged On Potential Nuclear Expansion




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Richmond VA (SPX) Mar 01, 2011 Dominion Virginia Power has said that it is not changing its position on a potential new nuclear unit at North Anna Power Station despite a decision by the Old Dominion Electric Cooperative to withdraw from the project. Thomas F. Farrell II, Dominion chairman, president and chief executive officer, said:
"Virginia faces a substantial shortfall in electric power generation in the next 10 years, especially baseload capacity that is available 24 hours, seven days a week. North Anna Unit 3, if built, can provide this electricity safely and reliably while producing virtually no greenhouse gases. A diverse supply of electrical generation capacity in Virginia is important to the Commonwealth and our customers.
"While Dominion has not decided on the schedule to build the unit, the company will continue to move forward with the federal Combined Operating License process and preliminary site development work."

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