financetom
Business
financetom
/
Business
/
Dominion Energy receives approval to extend North Anna nuclear power operation
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dominion Energy receives approval to extend North Anna nuclear power operation
Aug 30, 2024 10:08 PM

Aug 28 (Reuters) - Dominion Energy ( D ) said on

Wednesday that the U.S. Nuclear Regulatory Commission (NRC)

approved its application to extend the North Anna nuclear power

station's operating licenses for an additional 20 years.

President Joe Biden passed the largest climate change

legislation in U.S. history in 2022, meant to touch off a boom

in American clean energy development including nuclear.

The company's Surry nuclear power station had received

NRC approval in 2021 to extend its operating license till 2053.

Richmond, Virginia-based Dominion said that the Anna

power station operates two nuclear reactors in Louisa County of

the state.

The company said its North Anna's operating license was

previously set to expire in 2038 and 2040 for its reactors one

and two, respectively, which will now be extended till 2058 and

2060.

Surry and North Anna generate 40% of Virginia's

electricity and account for about 90% of the carbon-free power

in Virginia, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vaccinex Faces Nasdaq Delisting: What's Going On With The Stock?
Vaccinex Faces Nasdaq Delisting: What's Going On With The Stock?
Dec 17, 2024
Vaccinex, Inc. ( VCNX ) shares are trading lower after the company announced it received a delisting notification from the Nasdaq. Here’s what you need to know. What To Know: Vaccinex ( VCNX ) disclosed that it received written notice from Nasdaq's Office of General Counsel on Dec. 16, stating that the Nasdaq Hearings Panel determined to delist the company's...
Market Chatter: Tesla Accuses German Union of Trying to Sow Unrest at Gigafactory
Market Chatter: Tesla Accuses German Union of Trying to Sow Unrest at Gigafactory
Dec 17, 2024
01:08 PM EST, 12/17/2024 (MT Newswires) -- Tesla (TSLA) accused Germany's IG Metall union of attempting to sow unrest at the automaker's gigafactory near Berlin by trying to oust the works council head, Reuters reported Tuesday. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor...
AI startup Basis raises $34 million for accounting automation 'agent'
AI startup Basis raises $34 million for accounting automation 'agent'
Dec 17, 2024
Dec 17 (Reuters) - Artificial intelligence startup Basis has raised $34 million in a Series A funding round for its AI-powered accounting automation product, the company said on Tuesday. The round was led by Khosla Ventures. Other investors included NFDG, the AI-focused fund run by former GitHub CEO Nat Friedman and former Apple executive Daniel Gross, OpenAI board members Larry...
Independent Bank Sets 2025 Stock Repurchase Plan
Independent Bank Sets 2025 Stock Repurchase Plan
Dec 17, 2024
01:06 PM EST, 12/17/2024 (MT Newswires) -- Independent Bank (IBCP) said Tuesday its board approved 1.1 million shares buyback program for 2025, amounting to about 5% of the its outstanding common stock. The company will use cash on hand for the repurchases that could be through open-market or privately-negotiated deals. The timing and amount will depend on the stock price,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved