Solid Leadership and Experience Are Keys to Successful Nuclear Plant Construction Projects [Yahoo! Finance]
Dominion Energy, Inc. (D)
Last dominion energy, inc. earnings: 2/11 07:30 am
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Source: Yahoo! Finance
Having an experienced project team with the right leaders driving the bus, so to speak, can mean the difference between failure and success. Nuclear power plants are large and complex facilities. Constructing one costs billions of dollars and takes many years to complete. In fact, over the decade 2014–2023, the World Nuclear Industry Status Report 2024 says the average construction time for a nuclear unit was 9.9 years. Its research looked at 67 reactors completed in 11 different countries. Notably, more than half of the reactors (37) were built in China, which had the second-lowest mean construction time at 6.3 years per unit behind only Pakistan's 5.6 years per unit. The majority of other countries took well over 10 years on average to complete nuclear plants with two clocking in at more than three decades each. Yet, no project begins with a 10-year timeline as its goal. Of the 18 reactors connected to the grid in 2021–2023, all of them began with an expected construction time betwe
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D
Earnings
- 11/1/24 - Beat
D
Sec Filings
- 11/18/24 - Form 8-K
- 11/18/24 - Form 424B3
- 11/15/24 - Form 424B2
- D's page on the SEC website