Dive Summary:
- Dominion Virginia Power officials say that the plans for a third nuclear reactor at the North Anna Power Station remain unchanged.
- Critics of the plan have been skeptical that the third unit will ever be built, citing low natural gas prices and approval delays as their main concerns; Dominion's Eugene S. Grecheck acknowledges these concerns, but says the plan hasn't changed because of them.
- The utility had initially filed an application for a third unit a decade and received a permit in November of 2007, but further approval has continually been delayed.
From the article:
“But in the long term, we are convinced that it is not in the company’s interest, or the nation’s interest, to be completely dependent on only one fuel,” Grecheck told the newspaper.
“Historically, the price of natural gas has been very volatile and subject to very big swings.” ...