UPDATE 1-Dominion to keep Connecticut Millstone nuclear plant in service [Reuters]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Source: Reuters
Dominion to keep Connecticut Millstone nuclear plant in service | Reuters 3 Min Read (Reuters) - Dominion Energy Inc said on Friday that it reached a 10-year agreement with Connecticut utilities that will keep the state’s only nuclear power station in service. Dominion had until Friday to tell the regional power grid operator, ISO New England, if it would retire the two reactors at the 2,088-megawatt Millstone station. One megawatt can power about 1,000 U.S. homes. Millstone produces about half of the electricity in Connecticut and around 98 percent of its carbon-free energy, making the plant key to meeting the state’s aggressive carbon reduction goals. “This is a huge win for Connecticut, the region, and our colleagues at Millstone,” Paul Koonce, president and chief executive of Dominion’s Power Generation Group, said in a statement. “Not only does this preserve the vast majority of Connecticut’s carbon-free electricity, it preserves good jobs for the 1,500 women and men who work at
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