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Dominion to apply for 1,520 MW nuke plant

28 November 2007 -- Dominion Resources Inc. filed wth the NRC for a combined operating license (COL) for North Anna Unit 3. The company is partnering with GE Hitachi Nuclear Energy and Bechtel Corp. on the 1,520 MW ESBWR project. The North Anna site will be the reference site for demonstrating the Generation III+ technology.

Dominion is the third company to file a complete application to federal regulators to build a new nuclear reactor.

The NRC last week approved an early site permit for a third nuclear reactor at Dominion's North Anna Power Station in Louisa County, Va. That decision allowed the Richmond-based company to complete preliminary site work.

Dominion will share equally the cost of the COL with the U.S. Department of Energy. Dominion's maximum expense will be $60 million of the expected $500 million cost of the COL. Dominion said business partners would provide the rest of its share.

The government review process for new plants is expected to take 42 months. However, because Dominion's is the first application to follow an early site permit, that timeline could be trimmed by about eight months, the NRC said.

The Tennessee Valley Authority last month became the second company to file a completed application, which was for new reactors at the Bellefonte nuclear power station near Scottsboro, Ala. NRG Energy Inc. in September was the first company in about 30 years to submit a new application to build and operate new reactors at its Bay City, Texas, power plant site.




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