E and E: Richmond, Virginia-based Dominion Resources Inc. said Monday it will shut down and decommission the Kewaunee Power Station near Green Bay, which would make it the first U.S. nuclear reactor to be permanently retired since 1998.
The company said the decision was purely based on economics, which may signal trouble for other nuclear power plants at a time when cheap natural gas and the slowly recovering economy are holding down electricity prices in many parts of the country.
Dominion President......
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Low Electricity Prices Lead Dominion to Decommission Wisconsin Reactor
Posted by E and E: Gabriel Nelson and Hannah Northey on October 23rd, 2012
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