O'Quinn

Nuclear Newswire erroneously reported this morning that the Virginia Senate’s Finance and Appropriations Committee on February 15 advanced legislation that included nuclear in a list of energy technologies that would receive research and development funding through a Virginia Power Innovation Fund. In fact, the bill, H.B. 2386, was approved after the committee had stripped nuclear from the list. NN regrets the error.

Following the finance panel’s vote, Del. Israel O’Quinn (R., 5th Dist.), the bill’s sponsor, expressed his disappointment. “The knee-jerk opposition to nuclear innovation is very short-sighted and puts Virginia behind the curve on energy diversification,” he said. “Nuclear energy is inevitably going to have to be a bigger part of Virginia’s energy portfolio. It produces zero carbon and is highly reliable.”

Some two weeks after unveiling his state’s 2022 Energy Plan, Virginia Gov. Glenn Youngkin has announced his intention to include $10 million in the state’s next budget proposal—due in December—to create the Virginia Power Innovation Fund for research and development of nuclear, hydrogen, carbon capture and utilization, and battery storage technologies.

Youngkin

Speaking earlier this week at the launch ceremony for Virginia’s 2022 Energy Plan, Gov. Glenn Youngkin called for an all-of-the-above approach, stressing the need for “an achievable and dynamic energy plan that provides for abundant, reliable, affordable, and clean energy.” He also left no doubt as to where nuclear power fits into that plan.

“We have to be all in [for] nuclear energy in Virginia,” Youngkin declared, addressing an audience of lawmakers, workers donning hard hats, and business executives at a power transformer manufacturing facility in Lynchburg. “When it comes to reliability, affordability, when it comes to clean power, when it comes to the abundant nature of growing power demand, absolutely nothing beats nuclear energy. It is the baseload of all baseloads. And Virginia is uniquely positioned to lead.”