Dominion Signs Contract With GE Energy For Long-Lead Nuclear Components

CIVIL NUCLEAR

The North Anna Power Station.

by Staff Writers
Richmond VA (SPX) May 02, 2007
Dominion announced Tuesday that it has signed a contract with GE Energy to secure components for a possible new nuclear-powered electric generating unit. Under terms of the contract, which are confidential, GE Energy would provide certain critical, "long-lead" components such as large forgings and other nuclear and turbine island parts based on GE's ESBWR design.

While no decision has been made to build a new nuclear unit, Dominion is seeking an early site permit for a new reactor at its North Anna Power Station site in Mineral, Va. It has announced that it would file for a Combined Operating License (COL) for the unit later this year. North Anna currently has two, 910-megawatt nuclear units generating enough electricity for about 455,000 homes at peak demand.

"This is a sound business decision for us," said Mark F. McGettrick, president and chief executive officer of Dominion Generation, the unit of Dominion that operates its power stations. "With this contract we have reserved large, critical components at a time when others are also considering building new units. We believe the market for these components will be tight in the near future, so getting to the head of the line makes good sense."

Dominion applied for the early site permit in 2003. The Atomic Safety Licensing Board heard testimony on the application last week in Louisa County, Va., which is home to North Anna. Dominion expects the NRC to render a decision on the early site permit request by the end of 2007.

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CIVIL NUCLEAR

Nuclear Storm Gathers As Climate Change Experts Meet

Bangkok (AFP) May 02, 2007
Few issues are as divisive as nuclear power, and the furore over its use threatens to resurface as leading scientists meet in Thailand to thrash out a plan to reduce the impact of climate change. Nuclear supporters hail it a "clean" energy that will help lessen the world's dependence on the polluting fossil fuels, gas, oil and coal, which spew damaging greenhouse gasses into the air and drive global warming.

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