Dominion should compare risks of gas-fired vs. nuclear plants, regulator says

|About: Dominion Resources, Inc. (D)|By:, SA News Editor

Dominion Resources (D -0.5%) says Virginia regulators want it to compare the risk of relying heavily on natural gas-fired generation with the risk of adding a nuclear unit at its North Anna power station.

An analysis would provide info that would give the company and the State Corporation Commission guidance on whether Dominion should follow a base generation development plan that has the least cost options or a fuel diversity plan that would result in lower emissions.

If the risk analysis finds the risk of fluctuating gas prices offsets the nuclear development costs, then Dominion should conduct a timing analysis for a third unit at North Anna, the regulator says.