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    Tuesday, May 07, 2024

    Millstone’s future already financially secure

    It has been repeated that building a 1.5 million-square foot, 300-megawatt data center on Millstone Point with a direct connection to reactors 2 and 3 is necessary to ensure the viability of Dominion-owned nuclear power plants. Nothing could be further from the truth. Both reactors are licensed through 2035 and 2045, respectively. In an agreement best described as the “squeaky wheel gets the grease,” Connecticut requires sole distributors Eversource and United Illuminating to purchase half of Dominion’s power through 2029.

    Add the benefits of the Inflation Reduction Act and Dominion continues to win. In all, federal and state governments all but guarantee continuation of nuclear power production and, for good reason. To decarbonize autos, heavy transportation, shipping, manufacturing and air travel while providing a relatively clean source of energy security. Data center proponents manipulate that narrative, attempting to justify a ridiculous proposal. HB-6514 exemplifies corporate welfare without rules to protect residents and prevent corporate overreach and greed. As written into law, HB-6514 is a vehicle for Dominion leaders, NE Edge, LLC and Waterford’s First Selectman to create and rubber stamp their plan rife with antitrust implications of monopolization, unfair energy pricing and unfair trade practices that will last 30 years.

    Bryan Sayles

    Waterford

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