Dominion Welcomes Renewed License for Kewaunee Power Station

CARLTON, Wis., Feb. 24, 2011 /PRNewswire/ -- Dominion (NYSE: D) welcomed the news today that the Nuclear Regulatory Commission has renewed the operating license of Kewaunee Power Station, extending the station's operation an additional 20 years until 2033.

Read the NRC news release.

With today's approval, the NRC has renewed the operating licenses of the seven units at all four of Dominion's nuclear power stations – Kewaunee, Millstone in Waterford, Conn., North Anna in Mineral, Va., and Surry in Surry, Va.

"We are proud of the employees at Kewaunee and the work they do every day to run the unit safely and reliably," said David A. Christian, Dominion Generation chief executive officer. "All employees celebrate in the successful conclusion of the NRC's thorough license renewal process."

The 574-megawatt unit, located about 35 miles east of Green Bay, provides enough electricity for about 140,000 homes.  It began commercial operation in 1974 and Dominion purchased it in July 2005. The company applied to the NRC in August 2008 to renew Kewaunee's operating license.

Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of more than 27,600 megawatts of generation, 12,000 miles of natural gas transmission, gathering and storage pipeline and 6,000 miles of electric transmission lines.  Dominion operates the nation's largest natural gas storage system with 942 billion cubic feet of storage capacity and serves retail energy customers in 13 states. For more information about Dominion, visit the company's website at www.dom.com

SOURCE Dominion