Dominion Energy Receives Regulatory Approval to Extend North Anna Power Station Operations for 20 Years
Rhea-AI Summary
Dominion Energy Virginia has received approval from the Nuclear Regulatory Commission (NRC) to extend the operating licenses of its North Anna Power Station for an additional 20 years. This extension allows the two nuclear reactors to operate until 2058 and 2060, respectively. The power station, located in Louisa County, Va., generates enough carbon-free electricity to power 500,000 homes.
North Anna, along with Surry Power Station, produces 40% of Virginia's electricity and accounts for about 90% of the state's carbon-free power. To ensure longevity, Dominion Energy is implementing numerous upgrades and enhancements at the station. The company plans to seek recovery of the costs associated with the license extension from the Virginia State Commission later this year.
Positive
- Extension of North Anna Power Station's operating licenses for 20 years, ensuring long-term carbon-free power generation
- North Anna and Surry Power Stations combined generate 40% of Virginia's electricity
- The two power stations account for about 90% of Virginia's carbon-free power
- Planned upgrades and enhancements to ensure North Anna's longevity and reliability
Negative
- Potential costs associated with license extension to be recovered from customers through the Virginia State Commission
News Market Reaction
On the day this news was published, D gained 0.21%, reflecting a mild positive market reaction.
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- Nuclear Regulatory Commission extends North Anna's operating license through 2060, ensuring reliable, carbon-free power for decades
The power station operates two nuclear reactors in Louisa County, Va., and generates enough carbon-free electricity to power 500,000 homes. Dominion Energy's Surry Power Station previously received NRC approval in 2021 to extend its operating license through 2053. Combined, Surry and North Anna generate 40 percent of
"For more than 50 years, nuclear power has been the most reliable workhorse of our fleet and the largest source of carbon-free power in
To ensure North Anna's longevity, Dominion Energy is conducting numerous upgrades at the station, including replacing the reactors' main generators and condensers, refurbishing reactor coolant pumps and converting instrument and control systems from analog to digital. The company is also implementing 80 enhancements to station procedures, such as additional inspections and equipment testing.
The North Anna units were originally licensed to operate for 40 years in 1978 and 1980. Their licenses were renewed for an additional 20 years in 2003, following a stringent federal review process. Under its current licenses, North Anna reactors 1 and 2 could have operated through 2038 and 2040, respectively. With the renewed licenses, the units can operate through 2058 and 2060, respectively.
The thorough federal review process ensures that the facilities will continue operating in a safe and reliable manner. Dominion Energy plans to seek recovery of the costs associated with the license extension from the Virginia State Corporation Commission later this year.
The nuclear units at North Anna Power Station are both three-loop Westinghouse pressurized water reactors – capable of providing nearly 2,000 megawatts at peak capacity, or about 17 percent of the electricity delivered to Dominion Energy Virginia customers.
Dominion Energy's affiliated companies also plan to seek NRC approval to extend to 80 years the operating licenses of V.C. Summer Power Station in
About Dominion Energy
More than 4.5 million customers in 13 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to providing reliable, affordable, and increasingly clean energy every day and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more.
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SOURCE Dominion Energy


