• Bloomberg


The radiation crisis at the Fukushima No. 1 nuclear plant won’t affect Dominion Resources Inc.’s plan for a new reactor in Virginia, Chief Executive Officer Thomas Farrell said Monday.

Dominion of Richmond, Virginia, is considering adding a third reactor to its North Anna power plant, about 64 km northwest of the city. A final decision may not be made until 2013, after design work is completed and U.S. regulators have reviewed the company’s application to build and operate the unit, Farrell, CEO and chairman, said at a Washington news conference.

“We will be proceeding to make the decision regardless of what happened at Fukushima,” he said.

The Nuclear Regulatory Commission has said an agency task force is due to report to commissioners Tuesday after a 90-day review of safety procedures at U.S. reactors.

U.S. nuclear plants implemented additional safety precautions after the Sept. 11, 2001, terrorist attacks, according to Farrell.

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