Dominion Energy is exploring the possibility of connecting a data center directly to a nuclear plant in Connecticut, as the tech sector hunts for carbon-free electricity to power artificial intelligence applications.
The Millstone Power Station in Waterford, Connecticut, provides more than 90% of the Nutmeg State’s carbon-free power and generates enough electricity for nearly two million homes annually, according to Dominion.
“We’re certainly open to the idea of a co-located data center,” Dominion CEO Robert Blue told analysts on the company’s second-quarter earnings call Thursday when asked about Millstone.
“We continue to explore that option,” Blue said. “We do clearly realize any co-location option is going to have to make sense for us, our potential counterparty and stakeholders in Connecticut.”
Some 55% of Millstone’s output is spoken for under a fixed-price contract through late 2029, Blue said. Dominion is “actively working with multiple parties to find the best value for Millstone” when the current power purchase agreement expires, the …