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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; Andrew.FitzGerald@dowjones.com

Stock News for Dominion (D)
DateTimeHeadline
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...
11/15/201613:06:00Dominion East Ohio Recognizes November 16, 2016, As Utilities...
11/14/201609:36:00Dominion Reminds Customers to be Aware of and Fight Back against...
11/11/201607:30:00OPEC's Oil Production Cut in Doubt as Output Flows
11/10/201608:45:00New Web-Based Resource For Virginia Veterans And Families Launches...
11/07/201615:34:00Dominion Memorial Scholarship Fund Accepting Applications
11/01/201609:00:002019 Commemoration Receives $1.2 Million Gift from Dominion Resources
10/31/201609:18:00Dominion Midstream Partners Announces Upsizing, Pricing of Limited...
10/31/201607:53:00Dominion Midstream to Acquire Questar From Dominion Resources
10/31/201606:03:00Dominion Midstream to Acquire Questar Pipeline
10/31/201606:02:00Dominion Midstream Partners to Offer Limited Partnership Units
10/31/201606:00:00Dominion Announces Third-Quarter Earnings
10/28/201616:40:00Dominion Declares Quarterly Dividend of 70 Cents
10/28/201614:14:00Dominion East Ohio Extends $25 Energy Assessment Promotion to...

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