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NRC Flags Incident At Dominion Nuclear Plant Following Quake

DOW JONES NEWSWIRES Federal inspectors found shortcomings with an equipment replacement at Dominion Resources Inc.'s (D) North Anna nuclear power plant in Virginia after an August earthquake forced it to shut down. The Nuclear Regulatory Commission said Wednesday it will discuss an apparent violation of the plant's technical specifications with Dominion officials on April 20 before determining how to proceed. Inspectors flagged the plant after finding a gasket failure prevented one of its emergency diesel generators from working properly. Workers replaced the gasket the same day, but the NRC said the utility company didn't have adequate procedures for installing the part. A Dominion spokesman said the company looks forward providing the NRC with details about the event, adding the incident didn't affect public health or safety. Nuclear safety procedures have attracted renewed public attention after Japan's earthquake catastrophe last year exposed gaps in its nuclear industry's disaster preparedness. The country's Fukushima Daiichi plant suffered a triple meltdown after an earthquake-triggered tsunami knocked out backup generators that were supposed to keep the reactors cool. On Tuesday, the NRC said it determined the significance of the North Anna deficiency was "greater than green" on its color-coded safety scale, which ranges from green to red in severity. The NRC has not determined the event's actual significance, however. Dominion in October said the North Anna plant was ready to restart after a 5.8-magnitude earthquake forced it to shut down. The utility said it had "found no damage whatsoever that could preclude operation." Dominion shares were up 11 cents at $50.28 after hours. The stock is up 14% over the past year. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; [email protected]

Stock News for Dominion (D)
DateTimeHeadline
01/19/201711:14:00Dominion's Project Plant It!® Now Open for Online Registration
01/18/201714:00:00Dominion Promotes Five to Its Executive Ranks
01/18/201709:30:00Dominion to Award $1 Million in Environmental Education and Stewardship...
01/11/201712:00:00Sun at Work in Virginia
01/10/201716:05:00Dominion, Dominion Midstream Schedule Fourth-Quarter Earnings...
01/09/201711:58:00Nuclear Plants Fall Victim to Economic Pressures -- 2nd Update
01/09/201710:14:00Nuclear Plants Fall Victim to Economic Pressures -- Update
01/09/201705:59:00Nuclear Plants Fall Victim to Economic Pressures
01/06/201709:55:00Better reliability, environmental improvements benefit Dominion...
12/28/201616:42:46Westmoreland Amends ROVA Contracts, Creates Cash Savings Through...
12/20/201612:32:00Dominion Listed Among America's Best Corporate Citizens in 2016...
12/16/201612:30:00Dominion Board of Directors Increases Dividend Rate by 8 Percent
12/14/201615:45:00Brunswick County Power Station named "Project of the Year"
12/08/201610:50:00Dominion Provides $1 Million for Youth Educational Enrichment
12/02/201610:34:00Dominion East Ohio Ready for Colder Winter Temperatures: Customers...
12/01/201616:30:00Dominion Midstream Partners Completes Acquisition of Questar...
11/25/201613:50:00Saudi Arabia to Skip Meeting With Non-OPEC Producers
11/21/201617:14:00Executives Promoted to Head Dominion Energy, Dominion Virginia...
11/21/201610:15:00Dominion Gives More Than $1 Million to Charitable Groups Meeting...
11/17/201617:22:00Dominion Announces Significant Expansion of Solar Energy in Virginia...

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